Original article by John Kehoe
The Australian Financial Review – Page: 20 : 8-Nov-17

The share price of 21st Century Fox has risen by more than nine per cent in response to media reports that it had held talks about selling most of its assets to the Walt Disney Company. The discussions were said to be preliminary and have been discontinued, but it is believed that the talks could resume. The reports suggested that Fox would sell assets such as its film and TV studios to Disney, while retaining its news and sports broadcasting assets. Fox has a market capitalisation of $US50bn, while Disney’s market capitalisation is $US155bn.

CORPORATES
21ST CENTURY FOX INCORPORATED, WALT DISNEY COMPANY, CNBC, GABELLI FUNDS, SKY PLC, TIME WARNER INCORPORATED, AT&T CORPORATION, 20TH CENTURY FOX INCORPORATED, FOX NEWS CHANNEL, STAR INDIA, NEWS CORPORATION – ASX NWS, FOXTEL MANAGEMENT PTY LTD, REA GROUP LIMITED – ASX REA, HARPERCOLLINS