Disney's bid for Fox clears US antitrust hurdle

Disney's bid for Fox clears US antitrust hurdle

6 years ago
Anonymous $cyhBy-qkd5

https://apnews.com/bca881c25fc345e3a66f97c5bb987295

NEW YORK (AP) — The Walt Disney Co. on Wednesday won U.S. antitrust approval for its $71.3 billion bid for Twenty-First Century Fox's entertainment assets.

Disney must first sell its 22 regional sports networks, the Department of Justice said. The company has 90 days to sell the networks, with an option to extend for another 90 days.

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