US Justice Department approves Walt Disney’s purchase of 21st Century Fox assets for $71.3 billion

Open source

Last week, Walt Disney improved its rival offer to buy the Murdoch’s company assets in amount of $ 71.3 billion, which is almost a one-third more in compare with the December offer. The company offered up to $ 38 per share.

The US Department of Justice approved the Walt Disney conglomerate deal to acquire the assets of Rupert Murdoch’s 21st Century Fox company, the agency reported.

«United States Department of Justice Antitrust Division approved the expected Disney’s acquisition of 21st Century Fox assets», – – the message stated.

The regulator’s approval was set on the condition that Disney: the company will sell all of Fox’s 22 regional sports networks in 90 days term after making a deal.

As «The Journalist» reported, the most expensive world entertainment companies were named.