Fox and Disney shareholders approve deal for entertainment assets
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21st Century Fox (FOXA) and Disney (DIS) Confirm Stockholders Approved Acquisition by Disney
July 27, 2018 10:51 AM EDTTwenty-First Century Fox, Inc. (NASDAQ: FOXA) and The Walt Disney Company (NYSE: DIS) announced that, at separate special meetings today, stockholders of the two companies approved all proposals related to Disneys acquisition of 21st Century Fox. The proposals included the adoption by 21st Century Fox stockholders of the merger agreement with Disney (the Disney Merger Agreement) and the distribution merger agreement for the spin-off of new Fox. Disney stockholders approved the issuance of new common stock that will be distributed to 21st Century Fox stockholders as part of the... More
