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.

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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.

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