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Analysts Rate Disney Stock after the DoJ Approved the Fox Deal

Scarlett Ness
Analysts Rate Disney Stock after the DoJ Approved the Fox Deal

Walt Disney (DIS) recently received regulatory approval from the US Department of Justice (or DoJ) to buy the film, TV, and entertainments assets of 21st Century Fox (FOXA) for $71.3 billion. This figure consists of cash and stock. Disney’s offer is higher than its initial bid of $52.4 billion and is also higher than Comcast’s (CMCSA) offer price of $65.0 billion.