"We are extremely proud of the businesses we have built at 21st Century Fox, and firmly believe that this combination with Disney will unlock even more value for shareholders as the new Disney continues to set the pace at a dynamic time for our industry", said Rupert Murdoch, Executive Chairman of 21st Century Fox.
Gerson Zweifach, general counsel of 21st Century Fox, told Fox shareholders that the merger is expected to be completed in the first half of 2019, Variety reports. Word is there were few comments from investors at Disney and Fox, and the whole process was apparently done in as little as 10 minutes. As a result, current 21st Century Fox stockholders will own a 17-20% stake in New Disney on a pro forma basis.
Although Comcast said last week it won't continue bidding for Fox's assets, the Philadelphia-based cable TV giant has the highest offer on the table for British satellite-TV provider Sky Plc at US$34 billion. When the Fox deal closes, Disney will become the majority owner of the video-streaming service. Let us know in the comment section before Disney acquires us as well! After Disney upped its offer, Comcast backed down. Disney expects to pay a total of about $35.7 billion in cash and issue approximately 343 million New Disney shares to 21st Century Fox stockholders. Disney will also now control the rights to such current Fox cinematic franchises as Avatar, Planet of the Apes, Alien, Predator, Die Hard, Kingsman, Ice Age and Night at the Museum. FOX, Fox News, the Regional Sports Networks of Fox, and other asssets are not included in the $71.3 billion purchase.
Disney still needs deal approval from more than a dozen countries, including China, Russia and regulators from the European Union.
The former Cleveland Browns quarterback was traded by the Tiger-Cats to the Montreal Alouettes Sunday, per ESPN News Services . Montreal (1-4) has scored a league-low 69 points this season while allowing a league-high 148 points.
White Helmets head Raed Saleh said the evacuated workers had arrived in Jordan after being "surrounded in a unsafe region". Also Monday, Israel said it fired a pair of missiles to intercept two missiles fired from Syria in Israel's direction.
Hezbollah-controlled al-Manar TV said the Syrian army had captured one of the last rebel-held areas in Deraa province, al-Aliyeh. But a western part of the province, as well as most of adjacent Quneitra, still escape his control.
Anthony's time in Oklahoma City lasted just one season, where the 34-year-old averaged 16.2 points and 5.8 rebounds over 78 games. Anthony averaged 11.8 points in the series, shooting just 37.5 percent from the field and 21.4 percent from 3-point range.
The US dollar went down on Friday amid President Donald Trump's criticism about the Federal Reserve's current monetary tightening. The White House in June already threatened to extend punishing USA duties progressively to up to $450 billion in Chinese imports.
He was drafted by the Oakland Athletics and moved on to play for the Midland RockHounds in 2013 through 2014. Harper hit 13 home runs in the first round , eliminating Freddie Freeman and advancing to the semifinals.
A fourth and final video reportedly featured Jones comparing the creators of an animated drag queen show to Satanists. The other video was reported a month ago, but was not taken down at the time, the spokesperson added.
It looks like a good night for it, with mostly clear skies predicted in southern regions including Puglia, Campania and Calabria. It's when you can see an eclipsed Moon on the western horizon, as well as the rising Sun on the eastern horizon.
Trump added that there is no reason that makes him believe that Russian Federation interfered. "A lot of people out there". With that, Trump declared the contretemps over, insisting, "I think that probably clarifies things pretty good by itself".
Israel strike Army positions in central Syria
Hundreds of volunteer rescuers have been evacuated from southwest Syria for resettlement in Britain, Canada and Germany. Disengagement Observer Force (UNDOF) administers a buffer zone between the Israeli-occupied Golan Heights and Syria.
Trump signals consequences for Cohen over secret recording
Trump and Giuliani's strategy is "flawed; just as Trump's false Twitter statement made against Cohen this morning", Davis said. Ms McDougal says she had a 10-month affair with Mr Trump in 2006, a year after he married his current wife Melania.
Lewis Hamilton believes auto failed before he went off
Sweden's Marcus Ericsson put Sauber in the points with ninth and New Zealander Brendon Hatley was 10th for Toro Rosso. But, at the team's home race, Mercedes called off the fight: "Valtteri, this is James (Vowles - chief strategist).
Trump finds it 'inconceivable' lawyer would tape a client
In August 2016, AMI paid McDougal $150,000 for the right to her story but never published an article based on her account. But he said no money was actually ever transferred, and the recording itself amounted to "powerful exculpatory evidence".
UK PM May threatened rebels with a national election
Philip Davies has submitted a letter of no confidence in Mrs May after "losing trust" in her ability to deliver Brexit. Donald Trump on his visit to the United Kingdom last week said Johnson would make "a great prime minister".
Comcast bows out of Fox deal, thus ceding victory to Disney
We wondered how far this race would last, we need wonder no more as Comcast have officially pulled out of the deal to acquire Fox. Sky's independent committee has recommended that shareholders accept Comcast's offer, a further blow to Mr Murdoch.
Trump hits the links at his Scottish golf resort
President Donald Trump is setting low expectations for his Monday's summit in Helsinki with Russian President Vladimir Putin . Senator Rand Paul (R-KY) attacked CNN's Wolf Blitzer during his show on Monday.
Jabari Parker Signs 2-Year $40 Million Deal With Bulls
Parker spent his first four National Basketball Association seasons with the Milwaukee Bucks , has torn his left ACL twice. No word on the amount of the deal being discussed, or if the Bucks will match, but the move is a curious one for Chicago.