Disney - Buys 20th Century Fox
Disney paid approximately $71.3 billion in a 50/50 cash and stock deal.
Disney assumed roughly $19.2 billion of 21st Century Fox's existing debt. disney buys 20th century fox
On March 20, 2019, finalized its acquisition of the majority of 21st Century Fox's entertainment assets for $71.3 billion . This landmark merger reduced Hollywood’s "Big Six" major studios to the "Big Five" and was a central pillar in Disney's strategy to dominate the global streaming market. 📊 Key Financial Details Disney paid approximately $71
The deal was first announced in December 2017 at $52.4 billion . disney buys 20th century fox