Disney, Fox Shareholders approve deal, ending corporate duel
In separate ballrooms at the Hilton Hotel in Midtown Manhattan on Friday morning, shareholders of The Walt Disney Co. and 21st Century Fox agreed to a $71.3 billion purchase plan that gives Disney the bulk of Rupert Murdoch’s media empire, substantially altering the entertainment landscape.
Regulators in more than a dozen countries must still give their approval. But the shareholder votes brought to a close a six-month corporate showdown, waged across two continents by Disney and Comcast,
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