Published: Wed, December 13, 2017
Life&Culture | By Rose Hansen

Disney and 21st Century Fox Deal Will Reportedly Be Finalized This Thursday

Disney and 21st Century Fox Deal Will Reportedly Be Finalized This Thursday

Comcast issued a statement saying it was never able to secure the level of engagement needed to pursue a deal with Fox.

The Murdoch family, which controls Fox, prefers a deal with Disney because it would rather be paid in Disney stock than Comcast stock, and expects a potential deal with Disney to be cleared by US antitrust regulators more easily, one of the sources said.

GymKit is coming to the Lifetime Athletic Club in Manhattan this week and will soon expand to other gyms.

A report from MoffattNathanson analyst Michael Nathanson estimates $2.5 billion in cost synergies for Disney and $1 billion in new deal amortization.

Synaptics showcases in-display fingerprint sensor
Screenshots from Samsung's S-Health app have revealed that the fingerprint sensor will be placed below the rear camera lens. Samsung allows the S8 and Note 8 users to authenticate payments only via fingerprint sensor or the iris scanner.

Disney, which has hit a rough patch this year, especially as its sports media network struggles, could benefit from a deal that would make the entertainment giant an even bigger player in television and movies.

Disney is planning to launch its own streaming services as a way of contending with changes in the entertainment industry and deep-pocketed tech companies that are building their own video divisions.

Fox up 1% to $34.11, with Disney gaining a fraction to $107.22. The company will retain Fox News, the Fox broadcast network, and Fox Sports 1, which will be reconstituted into a new, independent company. Disney saw its stock price gain around 0.52%. If you don't buy now, you may kick yourself in 2020.

Telecommunications conglomerate, Comcast, has announced that it will no longer compete for the shares offered by Twenty-First Century Fox.

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