Fox shares jump as 'pencils aren't down' on possible Disney deal
Publishing timestamp: 2017-11-10 14:50:54
Summary
Disney and 21st Century Fox shares jumped after CNBC report that they had discussed an asset deal, but were not currently talking. Selling movie and television production to Disney would leave 21st Century Fox more focused on news and sports. CNBC's David Faber reported that the deal has not been completely abandoned, and the two companies have not given up on the idea of combining their operations.
Sentiment: MIXED
Keywords: media, twenty-first century fox inc, telecommunications, business news, stock markets, walt disney co,
Source: https://www.cnbc.com/2017/11/10/pencils-arent-down-on-disney-21st-century-fox-deal.html