Advertisement
UK markets close in 8 hours 4 minutes
  • FTSE 100

    8,069.12
    +45.25 (+0.56%)
     
  • FTSE 250

    19,640.27
    +40.88 (+0.21%)
     
  • AIM

    750.11
    +0.93 (+0.12%)
     
  • GBP/EUR

    1.1581
    -0.0008 (-0.07%)
     
  • GBP/USD

    1.2350
    -0.0000 (-0.00%)
     
  • Bitcoin GBP

    53,760.04
    +181.20 (+0.34%)
     
  • CMC Crypto 200

    1,399.66
    -15.10 (-1.07%)
     
  • S&P 500

    5,010.60
    +43.37 (+0.87%)
     
  • DOW

    38,239.98
    +253.58 (+0.67%)
     
  • CRUDE OIL

    83.02
    +0.17 (+0.21%)
     
  • GOLD FUTURES

    2,318.90
    -27.50 (-1.17%)
     
  • NIKKEI 225

    37,552.16
    +113.55 (+0.30%)
     
  • HANG SENG

    16,795.66
    +283.97 (+1.72%)
     
  • DAX

    18,014.79
    +153.99 (+0.86%)
     
  • CAC 40

    8,075.21
    +34.85 (+0.43%)
     

Disney-Fox Deal: Looking beyond Content and Mega-Deal Talk

Disney-Fox Deal: Looking beyond Content and Mega-Deal Talk

Rupert Murdoch, the billionaire whose family controls Twenty-First Century Fox (FOX)(FOXA) and News Corp. (NWSA), is believed to have persuaded Bob Iger to stay on as Walt Disney’s (DIS) chief executive. In December, the Murdoch family agreed to sell most of Fox’s operations, valued at $52.4 billion, to Disney. The deal also involves Disney absorbing Fox’s debt to the tune of $13.7 billion, the Wall Street Journal reported.