China approved the Disney&Fox deal!!!!!!!
Quote:
Chinese regulators have approved the Walt Disney Company’s $71.3 billion acquisition of much of 21st Century Fox’s film and television assets, clearing an important hurdle for the blockbuster deal between the media giants.
The news goosed the stock of both companies, sending Disney shares up .77% to $117.08 and lifting Fox shares up more than 3% to $49.63. Disney has said that it expects its purchase of key Fox brands such as NatGeo, FX, and 20th Century Fox to close in the first half of 2019. Disney said the deal received “unconditional approval.”
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https://variety.com/2018/film/news/d...-2-1203032254/
