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The Disney And Fox Merger Will Be Voted On This Summer
Way back in December of last year Disney announced, in a bold move, that it would be purchasing 21st Century Fox's assets for a Scrooge McDuck-level sum of $52.4 billion. In the time since then, there has been no shortage of speculation about what this means for various properties, studios and the industry as a whole. As with anything where billions of dollars are involved, this deal has been slow moving, and even though it has been announced, it isn't officially official. There are lots of t's to be crossed and i's to be dotted, but the next step is for the companies' respective shareholders to vote on the deal. We now know that those votes are scheduled to take place on July 10th.
The Walt Disney Co. and 21st Century Fox have each set shareholder meetings for a little over a month from now where they will all vote on the deal. Should Disney shareholders vote for the deal and Fox shareholders vote to accept it, it becomes official and moves to the next phase. As noted by Deadline, in their respective SEC filings, the boards of both Disney and Fox reportedly recommended to their shareholders that they vote for the deal. Now, lest you think you can start getting super excited about the X-Men and the Fantastic Four in the MCU, there are still other factors at play that can delay this deal or even overthrow it entirely.
As reported on earlier this month, cable giant Comcast is seeking to swoop in and grab the Fox assets from Disney with its own enticing offer. Comcast has yet to make an official offer, but if it does, Fox may postpone or adjourn the shareholder meeting to consider the counter-offer. That counter-offer from Comcast is believed to be in the $60 billion range and, unlike the Disney offer, which is made up of stock, the Comcast offer is expected to be all cash. The cash amount is larger, but it is also subject to a capital-gains tax that would be in the billions. Comcast is believed to be waiting to make a formal offer until after the June 12th ruling in the Department of Justice's case against AT&T's merger with Time Warner.
The results of that trial would presumably give Comcast a better idea of how favorably a similar purchase of Fox's assets by Comcast would be looked upon by the courts. If the judge rules in favor of AT&T on June 12th, Comcast would possibly be emboldened to make an official offer for Fox's assets, but if the judge rules against AT&T, that might not bode well for a Comcast purchase of Fox. Either way, if Fox's shareholders approve a Disney or Comcast purchase, the deal will still need government approval so the dominos on any deal won't all fall for some time. But it is possible that come July 10th, we'll have a much better idea of what the future holds for Fox's assets.
For all the latest on this deal as it develops and what it means for movie fans, stay tuned to CinemaBlend.
With people showing up in force to see "Captain Marvel," the trolls' plan obviously didn't work out too well. To be honest, a de-aged Samuel L. Jackson is worth the price of admission. But please bring on more alien cats. I'm not sure why it's taken this long for Marvel to add them. But the time is meow.
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If Marvel does have an answer for whether or not Ant-Man and The Wasp 2 is happening, it hasn't revealed it yet. Ant-Man and The Wasp is now in theaters , so make sure to check the film out! Looking ahead to next year and the payoff of that awesome post-credits scene, watch out for Avengers 4 when The Russo brothers' next MCU film debuts on May
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Home > Entertainment News > What Amy Seimetz Loves About The Changes Made To Her Pet Sematary Character Entertainment News What Amy Seimetz Loves About The Changes Made To Her Pet Sematary Character
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Discover Marvel Captain Marvel Movie Captain Marvel Super Hero Doll & Marvel's Goose the Cat (Ages 6 and up), for ages 6 YEARS+, and find where to buy this product. The estimated retail price for Marvel Captain Marvel Movie Captain Marvel Super Hero Doll & Marvel's Goose the Cat (Ages 6 and up) is $24.99.
Disney's purchase of Star Wars is almost as controversial as what it has done with the property since. The management of Star Wars has seemingly been chaos behind-the-scenes. Rogue One reportedly had troubles in post-production and was heavily edited before release.
This is one of those movies that was planned before Justice League happened, and while it isn't necessarily deceased in the water, but I also don't see it showing up anytime soon. Just let me have my buddy-cop Flash and Cyborg movie happen please. At the very least, we'll be getting the character in the Doom Patrol series later this year!
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