Comment on Disney-Fox Deal: Media Stocks Rise After Megadeal Announcement

Disney-Fox Deal: Media Stocks Rise After Megadeal Announcement

Media investors reacted Thursday to the blockbuster Disney-21st Century Fox deal, with stocks of big media companies ticking up in early trading as Wall Street processed the implications of the $54.2 billion pact. Disney shares were up as much as 1.8% as markets opened Thursday, while 21st Century Fox’s stock climbed 0.5%.

 

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