|End-of-day quote - 09/29|
Mexican court ruling on Disney-Fox merger will not stall deal - regulator
|12/05/2019 | 08:15pm|
A Mexican court decision regarding Walt Disney Co's acquisition of Twenty-First Century Fox Inc's assets in Mexico will not stall the finalization of the deal, telecoms regulator IFT said in a statement on Thursday.
Last year, Disney agreed to purchase Fox's film and television assets for $71 billion (£55.34 billion), marking one of the largest media deals in recent history after Disney won a bidding war against cable company Comcast Corp.
(Reporting by Julia Love; Editing by David Alire Garcia)