Disney said it's willing to divest more Fox assets to get a deal cleared by regulators

Disney said it's willing to divest more Fox assets to get a deal cleared by regulators

6 years ago
Anonymous $cyhBy-qkd5

https://www.cnbc.com/2018/06/22/disney-willing-to-divest-more-fox-assets-for-deal-clearance.html

Walt Disney said on Thursday it was willing to divest Twenty-First Century Fox assets that generated up to $1 billion in earnings before interest, tax, depreciation, and amortization (EBITDA) to get a regulatory nod for the deal.

Disney in a regulatory filing said it was willing to divest the assets, potentially including regional sports networks. The media conglomerate had previously planned to divest Fox assets that generated $500 million in EBITDA.