EU approves Disney's $71 billion acquisition of Fox, but Disney will have to get rid of networks like History and Lifetime

EU approves Disney's $71 billion acquisition of Fox, but Disney will have to get rid of networks like History and Lifetime

6 years ago
Anonymous $L9wC17otzH

https://www.cnbc.com/2018/11/06/eu-approves-disney-buy-of-fox-if-it-makes-tv-divestments.html

Disney's $71.3-billion offer to buy Twenty-First Century Fox's entertainment assets won approval from the European Commission on Tuesday, subject to Disney selling interests in factual TV channels in Europe.

The EU competition regulator said in a statement that Disney had committed to divest its interests in channels including History and Lifetime in the European Economic Area (EEA) to avoid harming competition following its purchase from Fox.