Advertisement
Singapore markets open in 7 hours 22 minutes

  • Straits Times Index

    3,293.13
    +20.41 (+0.62%)
     

  • S&P 500

    5,075.65
    +5.10 (+0.10%)
     

  • Dow

    38,491.45
    -12.24 (-0.03%)
     

  • Nasdaq

    15,742.49
    +45.85 (+0.29%)
     

  • Bitcoin USD

    65,042.13
    -1,704.88 (-2.55%)
     

  • CMC Crypto 200

    1,401.95
    -22.15 (-1.56%)
     

  • FTSE 100

    8,040.38
    -4.43 (-0.06%)
     

  • Gold

    2,342.10
    0.00 (0.00%)
     

  • Crude Oil

    82.49
    -0.87 (-1.04%)
     

  • 10-Yr Bond

    4.6520
    +0.0540 (+1.17%)
     

  • Nikkei

    38,460.08
    +907.92 (+2.42%)
     

  • Hang Seng

    17,201.27
    +372.34 (+2.21%)
     

  • FTSE Bursa Malaysia

    1,571.48
    +9.84 (+0.63%)
     

  • Jakarta Composite Index

    7,174.53
    +63.72 (+0.90%)
     

  • PSE Index

    6,572.75
    +65.95 (+1.01%)
     

Failing to Acquire Fox Assets Could Cost Disney

Rachel Gunter
Updated
Failing to Acquire Fox Assets Could Cost Disney

Walt Disney (DIS) and Twenty-First Century Fox (FOX)(FOXA) exude confidence that their $52.4 billion asset transaction deal will sail through regulatory reviews without much delay or need for significant concessions. Meanwhile, AT&T (T) and Time Warner (TWX), which are seeking to combine in a deal valued at $85.4 billion, have taken longer than originally expected to complete their deal. It’s not that Disney and Fox don’t expect significant regulatory scrutiny of their deal, but they hope that regulatory reviews would conclude quickly so that they can close the deal in the next 12 to 18 months.

Continue reading