IPL, Bollywood How Disney’s $52.4 bn 21st Century Fox takeover winning edge India impact

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The Walt Disney Company said Thursday that it had reached a deal to buy most of 21st Century Fox, the empire controlled by Rupert Murdoch, in an all-stock transaction valued at roughly $52.4 billion.

Mammoth deal

The deal will see Disney acquire 21st Century Fox, including the Twentieth Century Fox Film and Television studios, along with cable and international TV businesses.

Critically acclaimed film production businesses, including Twentieth Century Fox, Fox Searchlight Pictures and Fox 2000, which are the homes of Avatar, X-Men, Fantastic Four and Deadpool, as well as its storied television creative units, Twentieth Century Fox Television, FX Productions and Fox21, which have brought The Americans, This Is Us, Modern Family, The Simpsons and other hit TV series to viewers across the globe, will also shift hands.

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