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How Acquiring Fox Assets Could Boost Disney’s Portfolio

Scarlett Ness
Updated
How Acquiring Fox Assets Could Boost Disney’s Portfolio

Walt Disney (DIS) is on track to acquire media and entertainment assets of 21st Century Fox (FOXA), after giving its 39% stake in London-based pay-TV broadcaster Sky to Comcast (CMCSA). Cable and media company Comcast was earlier a rival bidder for Fox assets but then later decided to withdraw to focus on the Sky acquisition.

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