Disney Travel Agent
  • Fox’s Second Largest Shareholder Votes in Favor of Disney Deal

    Special shareholder meetings are scheduled for both The Walt Disney Company and 21st Century Fox on July 27th to vote on the proposed $71.3 billion acquisition, and information from Bloomberg sources suggests that the deal has a good chance of gaining approval from Fox investors. Bloomberg has reported that “people familiar with the matter” have […]

  • Comcast Counters 21st Century Fox’s Latest Bid for Sky News

    Coming just a day after 21st Century Fox increased their bid to acquire the 61% stake of Sky PLC that they don’t already own, Comcast has countered with their new offer. According to today’s press release from Comcast, the offer is now £14.75 per Sky share, up from their most recent offer of £12.50 per […]

  • Pending Fox Board Meeting Decision Disney Will Likely Boost Offer with Cash

    The battle between Disney and Comcast over Twenty-First Century Fox continues. According to CNBC, in response to Comcast’s recent $65 billion cash offer, Disney is expected to proceed with plans to raise their all-stock offer with cash in hopes of securing the bid. This Wednesday Fox board members will decide on whether they want to move […]

  • Fox Board to Consider Comcast Offer During Wednesday Meeting

    21st Century Fox board members will discuss the recent $65 billion Comcast bid for their assets at a regularly scheduled meeting next week, according to Bloomberg sources. Comcast put forth the bid on June 13th, one day after a federal judge approved AT&T’s acquisition of Time Warner. Fox owner Rupert Murdoch had chosen the $52.4 […]

  • Comcast Makes $65 Billion Bid for Fox to Undermine Disney Deal

    As was expected, given yesterday’s approval by a federal judge of AT&T’s acquisition of Time Warner, Comcast has just placed a $65 billion all-cash bid on 21st Century Fox assets, approximately 19% higher than The Walt Disney Company’s current $52 billion deal with the company. Prior to the December 2017 joint announcement by Disney and […]

  • Judge Approves AT&T/Time Warner Deal, Comcast Bid for Fox Likely to Follow

    A federal judge has ruled today that AT&T’s $85 billion acquisition of Time Warner may proceed without conditions, according to Reuters. This ruling will not only have significant implications for the future of major technology and media providers, but may directly influence The Walt Disney Company’s acquisition of 21st Century Fox assets, as a larger […]

  • Antitrust Chief Comments on Disney, Fox’s ‘Surgically’ Designed Deal

    As Fox investors prepare for a July 10th vote on The Walt Disney Company’s acquisition of 21st Century Fox properties and Comcast may attempt to outbid them with a larger cash offer, some remarks from Makan Delrahim of the U.S. Department of Justice’s antitrust division may lend a clue as to how the finale to […]

  • Fox Schedules July 10th Vote for Disney Deal

    With a long-rumored competing Comcast bid now officially announced, Twenty-First Century Fox Inc. has set a July 10th special meeting where stockholders will vote on the Disney acquisition of numerous Fox properties. The $52.4 billion Disney deal is currently undergoing regulatory inspection, and is still within the 12-18 month window initially estimated for it to […]

  • British Takeover Regulator Rules Disney Must Make An Offer For All of Sky

    Today, Britain’s takeover regulator ruled that the Walt Disney Company must offer to buy the entirety of Sky if it successfully acquires Twenty-First Century Fox and its assets, which includes a 39% stake of the European TV company. The takeover panel also ruled that Disney must match Fox’s 2016 offer (10.75 pounds per share) for […]

  • Disney Investors Explain Symbolic Vote Against Iger’s Compensation Package

    At The Walt Disney Company shareholders meeting on March 8th, investors voted 52% to 48% against compensation packages for Disney CEO Bob Iger and other executives. The resolution was non-binding, but shareholders hoped it sent a signal to the Board that Iger’s pay may need to be “tweaked.” Recently, Reuters spoke with several asset management […]