Disney Publicizes Fox Consideration Election Outcomes; Shares -1.2% - In Search Of Alpha

Disney (NYSE:DIS) shares are shifting with pretty heavy after-hours quantity, down 1.2% postmarket, as the corporate publicizes preliminary outcomes of the consideration election by stockholders of Twenty-First Century Fox (FOX, FOXA) for his or her $71B asset sale. Fox shareholders acquired to elect what type of consideration they had been to obtain for his or her shares of inventory. About 51.57% of Fox widespread shares (holders of 959,919,192 shares) elected to obtain money. Some 36.65% of excellent shares (holders of 682,198,198 shares) selected to obtain inventory in New Disney (TWDC Holdco, the holding firm that may personal each Disney and 21CF as a part of the general transaction). Holders of one other 11.79% of excellent shares did not make an election. Click on to subscribe to real-time analytics on DISNow learn: AT&T: The Large Battle »Subscribe for full textual content information in your inbox
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Disney Publicizes Fox Consideration Election Outcomes; Shares -1.2% - In Search Of Alpha
Disney Publicizes Fox Consideration Election Outcomes; Shares -1.2% - In Search Of Alpha
Disney Publicizes Fox Consideration Election Outcomes; Shares -1.2% - In Search Of Alpha
Disney Publicizes Fox Consideration Election Outcomes; Shares -1.2% - In Search Of Alpha
Disney Publicizes Fox Consideration Election Outcomes; Shares -1.2% - In Search Of Alpha

Disney Publicizes Fox Consideration Election Outcomes; Shares -1.2% - In Search Of Alpha

Disney Publicizes Fox Consideration Election Outcomes; Shares -1.2% - In Search Of Alpha