{"id":64675,"date":"2019-03-12T14:10:28","date_gmt":"2019-03-12T21:10:28","guid":{"rendered":"https:\/\/www.entertainmentearth.com/news\/?p=64675"},"modified":"2020-03-09T14:56:29","modified_gmt":"2020-03-09T21:56:29","slug":"disney-fox-acquisition-closing-date","status":"publish","type":"post","link":"https:\/\/www.entertainmentearth.com/news\/disney-fox-acquisition-closing-date\/","title":{"rendered":"The Disney\/Fox Acquisition Finally Has a Closing Date"},"content":{"rendered":"<p>According to multiple sources, The Walt Disney Company announced that the acquisition of Twenty-First Century Fox will close on Wednesday, March 20, 2019.<\/p>\n<p>Walt Disney chairman and CEO Bob Iger told The Hollywood Reporter that he expects &#8220;the acquisition to become effective at 12:02 a.m. Eastern Time on March 20.&#8221;<\/p>\n<p>At Disney&#8217;s annual shareholder meeting last week, Iger had stated that he expected the merger to close soon but didn&#8217;t give any actual date &#8211; with some pundits suggesting that regulators in Mexico hadn&#8217;t given the green light to hit the previously thought <a href=\"https:\/\/www.entertainmentearth.com/news\/2019\/02\/27\/disney-fox-acquisition-march-8\/\">closing date of March 8, 2019<\/a>. Iger&#8217;s new statement to the media suggests that everything&#8217;s finally wrapping up.<\/p>\n<p>To recap the nearly two-year deal, <a href=\"https:\/\/www.entertainmentearth.com/news\/2019\/01\/02\/disney-fox-acquisition\/\">Disney will acquire Fox<\/a> for $71.3 billion. The merger will consist of the film and TV studios, regional sports networks, FX, National Geographic, a majority stake in Hulu, and more.<\/p>\n<p>Fox shareholders will receive a mix of cash and stock valued at $38 a share in the Disney deal. Fox is expected to distribute all outstanding shares of a new entity &#8211; Fox Corporation &#8211; common stock to Fox stockholders on Tuesday, March 19, 2019. The new Fox Corporation will consist of the company&#8217;s news division and national sports network FS1.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>According to multiple sources, The Walt Disney Company announced that the acquisition of Twenty-First Century Fox will close on Wednesday, March 20, 2019. Walt Disney chairman and CEO Bob Iger told The Hollywood Reporter that he expects &#8220;the acquisition to become effective at 12:02 a.m. Eastern Time on March 20.&#8221; At Disney&#8217;s annual shareholder meeting [&hellip;]<\/p>\n","protected":false},"author":27,"featured_media":63289,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[11,108],"tags":[402,157],"yst_prominent_words":[8092,8047,6224,8098,8177,8147,8155,5872,8134,8061,8123,8080,8052,8077,8164,8085,8170,8104,8043],"_links":{"self":[{"href":"https:\/\/www.entertainmentearth.com/news\/wp-json\/wp\/v2\/posts\/64675"}],"collection":[{"href":"https:\/\/www.entertainmentearth.com/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.entertainmentearth.com/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.entertainmentearth.com/news\/wp-json\/wp\/v2\/users\/27"}],"replies":[{"embeddable":true,"href":"https:\/\/www.entertainmentearth.com/news\/wp-json\/wp\/v2\/comments?post=64675"}],"version-history":[{"count":2,"href":"https:\/\/www.entertainmentearth.com/news\/wp-json\/wp\/v2\/posts\/64675\/revisions"}],"predecessor-version":[{"id":64678,"href":"https:\/\/www.entertainmentearth.com/news\/wp-json\/wp\/v2\/posts\/64675\/revisions\/64678"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.entertainmentearth.com/news\/wp-json\/wp\/v2\/media\/63289"}],"wp:attachment":[{"href":"https:\/\/www.entertainmentearth.com/news\/wp-json\/wp\/v2\/media?parent=64675"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.entertainmentearth.com/news\/wp-json\/wp\/v2\/categories?post=64675"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.entertainmentearth.com/news\/wp-json\/wp\/v2\/tags?post=64675"},{"taxonomy":"yst_prominent_words","embeddable":true,"href":"https:\/\/www.entertainmentearth.com/news\/wp-json\/wp\/v2\/yst_prominent_words?post=64675"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}