MERGERS AND ACQUISITIONS – UNITED STATES – REGULATION

Ruling will unleash new wave of tie-ups

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Original article by John Kehoe
The Australian Financial Review – Page: 10 : 14-Jun-18

Comcast’s proposed bid for the entertainment assets of 21st Century Fox is more likely to proceed after a US court approved AT&T’s deal to acquire Time Warner. Shares in Fox have rallied amid expectations that Comcast will trump Walt Disney Company’s $US52bn offer for the bulk of Fox’s assets. Media analyst Craig Moffett says the AT&T-Time Warner merger is likely to prompt further consolidation in the media sector.

CORPORATES
AT&T CORPORATION, TIME WARNER INCORPORATED, 21ST CENTURY FOX INCORPORATED, COMCAST CORPORATION, WALT DISNEY COMPANY, CNN, HBO, UNITED STATES. EXECUTIVE OFFICE OF THE PRESIDENT, UNITED STATES. DEPT OF JUSTICE, STAR INDIA, HULU LLC, SKY PLC, VERIZON COMMUNICATIONS INCORPORATED, BTIG LLC, NETFLIX INCORPORATED, AMAZON.COM INCORPORATED, GOOGLE INCORPORATED

Disney, Fox deal combines two of world’s biggest entertainment giants

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Original article by
CBS News – Page: Online : 15-Dec-17

Walt Disney Company CEO Robert Igor is confident that the group’s $US52.4bn deal to acquire key assets from 21st Century Fox will be cleared by regulators. The assets to be bought by Disney include the 20th Century Fox film studio and cable TV networks such as National Geographic, while assets to be retained by 21st Century Fox include the Fox free-to-air and pay-TV networks. These will be spun off into a new listed company. Igor has flagged the possibility of Fox CEO James Murdoch taking on a role at Disney.

CORPORATES
21ST CENTURY FOX INCORPORATED, WALT DISNEY COMPANY, 20TH CENTURY FOX INCORPORATED, FOX BROADCASTING COMPANY, FOX NEWS CHANNEL, NATIONAL GEOGRAPHIC CHANNEL