Company Walt Disney buys assets from 21st Century Fox at a price of more than $ 40 per share, or $ 75 billion as a whole. About it reports Reuters, citing sources familiar with the transaction.
The owner of 21st Century Fox media Mogul Rupert Murdoch and representatives of Walt Disney on the transaction are going to say on Thursday. Thus over more than half a century of the existence of a huge television and publishing conglomerate created by Murdoch from a single, inherited from his father a small Australian newspaper. In addition to the Studio Murdoch also owns the Wall Street Journal, London Times and several other publishers and news projects.
On Wednesday at the end of trading the shares of 21st Century Fox stood at 32.75 dollar apiece. Thus the market price of the company’s capital amounted to $ 60 billion.
Rupert Murdoch after the sale, the company intends to capitalize on the news business.
According to experts, the transaction on sale of the Studio, though, at first glance looks shocking, will further help both companies to get rid of their weaknesses.
Among the assets of 21st Century Fox sold the Walt Disney company’s cable channels FX and National Geographic, 22 local sports network, and share the web site Hulu. At the same time, such networks as Fox, Fox, Fox News and Fox Sports remain under the control of Murdoch.
