Disney & Fox Shareholders Approve $71.3 Billion Merger

Shareholders of The Walt Disney Company and 21st Century Fox voted Friday morning to approve the $71.3 billion purchase of Fox’s key assets. The deal is expected to be completed by mid-2019, giving Disney control of Fox’s film and television production studios, and bringing such properties as the X-Men, Fantastic Four, and Deadpool into the Marvel Studios fold. The meetings, held separately at the New York Hilton, each lasted less than 15 minutes, ending a saga that officially began in mid-December when Disney finalized its initial $52.4 billion stock offer…

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