
Read the Full StoryDisney has received the (likely) winning card in the company’s pursuit of 21st Century Fox. The Justice Department has approved Disney’s purchase of 21st Century Fox with only one condition. Disney must sell off Fox’s regional cable sports networks, which Disney has agreed to do.
From a regulatory perspective, all that is left is for a federal judge to sign off on the deal. Since the Justice Department has already filed their approval, however, that step is a mere formality.