On this day in 2018, shareholders of Disney and 20th Century Fox each voted to merge the companies. The shareholders were enthusiastic about the deal, with Disney reporting a 99% approval rate. The votes only took about 10 minutes! The acquisition would cost Disney $71.3 billion, which was about 2,000 times more than the merger between 20th Century Pictures and the Fox Film Corporation in 1935! At the time, that price was considered “recklessly exorbitant!”
Mr. Daps is the Founder and Editor in Chief of Daps Magic! Find Mr. Daps regularly at Disneyland with his trilby and bow tie taking pictures and simply enjoying the Happiest Place on Earth. He is the weekly host of Geeks Corner and your reporter for all that Disney And Positive Stuff. Find videos of all of that one the Daps Magic YouTube channel. Mr. Daps is also a Brand Ambassador with Her Universe! Find Mr. Daps on Twitter,Instagram, and Threads! If you see Mr. Daps in the parks, be sure and say hi!