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What May Come Out of the EU Review of the Disney–Fox Deal

Rachel Gunter
Updated
What May Come Out of the EU Review of the Disney–Fox Deal

Walt Disney (DIS) requires the approval of the European Union antitrust regulator to allow it to close the deal to buy a majority of 21st Century Fox (FOXA)(FOX). Reuters reported that Disney recently sought EU antitrust approval for the Fox deal, and a decision on the matter is expected by October 19. Disney generated a net profit of $2.9 billion in its fiscal third quarter, which ended in June. The EU review could end in a number of ways for Disney.

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