Disney Completes Fox Deal

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Walt Disney Co.'s $71.3 billion acquisition of most of of 21st Century Fox's film and television holdings will be finalized Wednesday at 12:02 a.m., the Murdoch-run 21st Century Fox revealed in a statement on Tuesday. He will serve alongside Rupert Murdoch, the founder of Fox, and Lachlan Murdoch, the company's chief executive and chairman.

Other new Fox board members include Chase Carey, the chairman of Formula 1, who had been a longtime lieutenant in the Murdoch empire starting in 1988. "Combining Disney's and 21st Century Fox's wealth of creative content and proven talent creates the preeminent global entertainment company, well positioned to lead in an incredibly dynamic and transformative era".

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Fox News, Fox Broadcasting, and Fox Sports have become the Fox Corporation after 21st Century Fox was acquired by Disney. In that role, he was interviewed often on Fox News, the cable news channel that will be a key asset in the slimmed-down version of the new company.

"The reconfigured Fox Corp. will emphasize live programming, with National Football League prime-time games on Thursday nights and WWE's "Smackdown" on Fridays".

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The X-Men and Fantastic Four will officially be back at Marvel and a part of Disney as of midnight tonight, Fox Studios confirms in a press release.

Disney deal proceeds amounting to $US12 billion are now set to be split among Mr Murdoch's six children from three marriages - Prudence, Elisabeth, Lachlan, James, Grace Helen and Chloe - making them billionaires in their own right, according to calculations by the Bloomberg Billionaires Index. Ryan did not seek reelection in 2018; although he claimed he was retiring from Congress because he wanted to spend more time with his family, many pundits asserted that a more plausible explanation was that he feared Democrats would regain the House-which they did with a net gain of 40 seats.

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