Disney Wins Antitrust Approval To Purchase Most Of Fox

WASHINGTON (CNN Money) – The U.S. Justice Department has agreed to a settlement with Disney that will allow it to purchase most of 21st Century Fox’s assets. As part of the settlement, Disney will have to sell off 22 of Fox’s regional sports networks.
Disney’s purchase is not final. The settlement must first be approved by a federal judge, and Fox’s shareholders also have to vote in favor of the deal.
Disney said in a statement that it is pleased to resolve the