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Disney to buy 21st Century Fox assets for $52.4B

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Disney to buy 21st Century Fox assets for $52.4B

It is official: Walt Disney Co. has agreed to buy most of the assets of 21st Century Fox Inc. in all-stock deal worth about $52.4 billion.

The assets include the Twentieth Century Fox Film Corp. and television studios, as well as Fox's cable entertainment networks and international TV businesses.

More details to follow.