Department of Justice Approves Disney's Partial Merger With 21st Century Fox | THR News

Department of Justice Approves Disney's Partial Merger With 21st Century Fox | THR News

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Business, Architecture, Performing Arts

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Hard

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The US Department of Justice approved Disney's acquisition of most of Fox's assets, requiring Disney to sell Fox's regional sports networks to avoid a monopoly with ESPN. Disney agreed to pay $71.3 billion for the assets, excluding Fox News, Fox Business, and other channels. Comcast may still challenge Disney's offer. The DOJ settlement ensures competition in sports programming, preventing price hikes. The merger faces further regulatory hurdles, with completion expected in 6 to 12 months.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What stipulation did Disney agree to regarding the sale of Fox's assets?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the total consideration Disney will pay for most of Fox's assets?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the assets that Disney will not be purchasing from Fox?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What potential issue did regulators express concern about regarding the merger?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the anticipated timeline for the completion of the Disney transaction?

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