Disney may receive exactly the card they need for a winning hand much sooner than expected. Bloomberg reports that Disney’s proposed purchase of Fox could be approved by the Justice Department in as little as two weeks.
This news comes on the heels of Disney increasing their Fox bid from $52.4B to $71.3B earlier today in order to top Comcast’s $65B proposal. Clearing U.S. antitrust regulation so soon will make Disney’s offer incredibly difficult to pass up.
Disney-Fox deal reportedly close to U.S. antitrust approval
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Yuck.
Soon Disney will own the rights to the air we breathe. We’ll have to pay them to live.
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Are you a prophet?!?!?! Haha
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Comcast will close the deal, we just gotta give them more time!
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