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Walt Disney Co. once again extended the expiration date of its offer to exchange any and all outstanding notes issued by 21st Century Fox America Inc. for up to about $18.13 billion of new notes to be issued by TWDC Holdco 613 Corp, or New Disney, and cash and related consent solicitations.
New Disney extended the expiration date to 5 p.m. ET on Feb. 1, from 5 p.m. ET on Jan. 28, according to a Form 8-K filed Jan. 18.
The deal is expected to close in the first half of calendar year 2019.