Bob Iger steps down as Disney CEO

The Walt Disney Company has announced that CEO Bob Iger will be stepping down from his role and to be replaced by Disney Parks chairman, Bob Chapek.

Continue reading “Bob Iger steps down as Disney CEO”

21st Century Fox and Disney stockholders approve of acquisition

Disney’s acquisition of 21st Century Fox is one step closer to being done, as stockholders of 21st Century Fox and The Walt Disney Company have approved of the merger agreement with Disney.

Continue reading “21st Century Fox and Disney stockholders approve of acquisition”

Disney increases bid to acquire 21st Century Fox to $71.3 billion

Back in December, Disney had announced their plans to acquire 21st Century Fox for $52.4 billion USD. But recently, Comcast (who owns NBCUniversal) announced their offer to buy Fox for $65 billion in all-cash.

Now, Disney has increased their offer to acquire Fox for $71.3 billion USD.

Continue reading “Disney increases bid to acquire 21st Century Fox to $71.3 billion”