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Disney and Fox Deal Expected to Be Announced This Thursday

Disney and Fox Deal Expected to Be Announced This Thursday

It has been reported that the Disney and Fox merger is all set to be finalized this Thursday since Comcast has dropped out of the bidding war. This is big news and it will have ramifications beyond bringing the X-Men to the Marvel Cinematic Universe. Some believe Fantastic Four isn't even part of the deal. A lot of people are not excited about the merger and worry about how it could negatively impact the movie industry, but there's not much anyone can do to stop the merger from happening now. Fox's stock price has risen 1% and Disney's has gone up a fraction this week since Comcast bailed out on Monday.

CNBC reportedly has a source very close to the merger deal and they claim that the deal is on the "glide path," and that if everything goes according to plan, the deal will be finalized this Thursday with a press announcement,

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