Disney isn’t even “Disney” anymore

edgebug:

disney-universes:

https://www.hollywoodreporter.com/news/disney-fox-shareholders-approve-713-billion-deal-1128343

The agreement gives Fox stockholders $38 per share in either cash or shares of “New Disney,” a new holding company that will become the parent of both Fox and Disney.

Disney expects to pay about $35.7 billion in cash and issue about 343 million New Disney shares to Fox stockholders so that when the transaction closes after final regulatory approval Fox stockholders will own about 17-20 percent of New Disney.

Welcome to “New Disney”, which will most likely be ruled over by the Murdoch family in the years to come.

hmm! don’t like that!