Posted in: Disney, Fox, Movies | Tagged: disney, fox, Fox Corp, paul ryan, Rupert Murdock
Tonight is the Night When Two Become One; Disney Acquires Fox at Midnight
There has been a lot of talk in the world of Disney and Fox this week about the looming date of March 19th at midnight; reportedly, the House of Mouse will take possession of the 21st Century (and more) holdings after the clock strikes 12.
Variety said back on March 12th that the 20th was the merger date, something they've pointed out again as recently as yesterday.
This morning, The Los Angeles Times ran a report detailing what Rupert Murdock's remaining Fox holdings will be turning into- Fox Corp, which will include both Fox News Channel and Fox broadcast network.
One of the more interesting things about this new Corp is one of the members of the board, former U.S. House Speaker Paul D. Ryan. Perhaps this is why he stepped down? A nice, lucrative paycheck from Uncle Rupert?
Other board members include Rupert Murdoch, Lachlan Murdoch, Anne Dias, Chase Carey, Roland A. Hernandez, and Jacques Nasser.
In anycase, we'll keep an eye on the clock this evening and let you know when the $71.3 billion merger finally completes.