Fox Shareholders Will Decide In July To Sell To Disney Or Comcast

Media Release: Well, it appears as if we’ll finally get some clarification about whether or not the X-Men and Fantastic Four are heading back to Marvel because a date has been set for a vote which will decide Fox’s fate.

It’s been confirmed today that Walt Disney and 21st Century Fox have set a date of July 10th for shareholders to decide whether or not the latter company sells the bulk of its assets to Walt Disney or instead considers a potential offer from Comcast Corp (they recently made their intentions clear to offer a cash bid which could bring a swift end to the merger which has comic book fans so excited).

Should Comcast make that deal before this vote takes place, “21st Century Fox may postpone or adjourn the special meeting of its stockholders to allow reasonable additional time for the filing, mailing, dissemination, and review by its stockholders of any such disclosure prior to the meeting.

Unfortunately, it’s hard to imagine that Comcast won’t put in that counterbid before then but it’s also possible that they’ll wait to see how Fox’s shareholders respond to the Disney deal because a negative result could go in their favor. Either way, it now appears as if we’re close to finally getting some answers about whether or not the X-Men and Fantastic Four really are on their way to the MCU.

Disney still seems like the better bet but should Comcast offer considerably more money, shareholders could be wooed by the rival company. If that happens, the good news is that the Deadpool franchise will live on in its current form. The bad news is so will every single one of Fox’s Marvel movies!

By Josh Wilding | 5/30/2018
Filed Under: “Disney” Source: The Hollywood Reporter