The Walt Disney Company Offers Concessions to European Commission For Fox Merger Approval

The Walt Disney Company continues to inch forward to merging with 21st Century Fox. The Walt Disney Company has reportedly offered concessions to the European Commission ahead of approval for its merger with Fox. r. The Commission has pushed its deadline to review the deal from October 19th to November 11th. Currently, the European Commission hasn’t revealed what the concessions are. However, they will be opened up for public comment at some point.

The Walt Disney Company has already won approval from the United States Justice Department. This was done by aggressing to sell 22 regional sports networks. On the Fox side of things, Peter Rice, president of 21st Century Fox and chairman-CEO of Fox Networks,  has said that the company will be ready for the acquisition on January 1st. The Walt Disney Company has already shared what the corporate structure will look like when the deal closes.

At this point, there is still no date for this deal to close. What do you think of this merger that will create a mega entertainment company? Let us know your thoughts in the comments below!



Share on facebook
Share on twitter
Share on pinterest

Share your thoughts and comment!

Mr. DAPs

Mr. DAPs

Hi, I'm Mr. DAPs, the Founder, and Editor in Chief of DAPS MAGIC! I can be regularly found at Disneyland with my hat and bow tie taking pictures and simply enjoying the Happiest Place on Earth. I'm also the weekly host of GEEKS CORNER and your Disney reporter for DISNEY REPORTER on DAPS MAGIC's YouTube channel. I am also now honored to announced that I'm a Brand Ambassador with Her Universe! Find me on Twitter and Instagram. as I'd love to connect with you. Make sure and say hi!






Top Posts & Pages
Disneyland Announces Attractions That Will Operate Opening Day
Disneyland Resort Releases Ticket and Park Reservations Guidelines and Prices
Disney Characters Delight Guests in New Ways as Disneyland Resort Theme Parks Reopen April 30, 2021
The History of the Candlelight Ceremony at Disneyland
ILLUMINATE! A Nighttime Celebration to Light Up the Night at Shanghai Disneyland With All-New Immersive Show
Shanghai Disney Resort’s 5th Birthday “Year of Magical Surprises” Celebration Officially Begins with Spectacular New Nighttime Show
Check Out the Music Playlist From A Touch of Disney at Disney California Adventure!
What Californians Can Expect When Disneyland Reopens on April 30