Disney, Fox deal confirmed

In an move that complements and enhances The Walt Disney Company’s ability to provide consumers around the world with more appealing content and entertainment options, the entertainment giant has agreed to acquire 21st Century Fox, including the Twentieth Century Fox Film and Television studios, along with cable and international TV businesses, for $52.4 billion in stock. Including $13.7 billion in debt, the total transaction value is $66.1 billion.

Source: Disney, Fox deal confirmed