Disney and 21st Century Fox Announce Per Share Value in Connection with $71 Billion Acquisition
Walt Disney Company (The) (DIS)
Last walt disney company (the) earnings: 2/4 04:05 pm
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thewaltdisneycompany.com/investor-relations
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Source: Business Wire
Acquisition of 21st Century Fox will become effective at 12:02 a.m. Eastern Time tomorrow, March 20, 2019 Unprecedented collection of high-quality creative content, stellar talent and cutting-edge technologies will enable Disney to accelerate its direct-to-consumer strategy and expand its global presence BURBANK, Calif. & NEW YORK--(BUSINESS WIRE)-- The Walt Disney Company (NYSE:DIS) and Twenty-First Century Fox, Inc. (“21CF”) (NASDAQ: TFCFA, TFCF), in connection with Disney’s acquisition of 21CF (the “Acquisition”), announced today that the per share value of the Merger Consideration (as defined below) has been calculated in accordance with the Merger Agreement (as defined below) to be $51.572626 (the “Per Share Value”). The Acquisition will become effective at 12:02 a.m. Eastern Time tomorrow, March 20, 2019. This press release features multimedia. View the full release here:https://www.businesswire.c
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