RE: [Nerdist] How the Disney Fox Merger Sets up the MCU’s Future!
Paperwork is being signed behind closed doors, here is the update as of 2 hours ago
More signs that Disney’s acquisition talks with 21st Century Fox are picking up steam: Both companies have set teams of bankers on the case to work out the fine print.
Disney is working with a group that includes JP Morgan and Guggenheim Partners. Both entities have long relationships with Disney.
Fox has Goldman Sachs and Centerview Partners crunching its numbers. Centerview is said to be focused on financial details related to the Fox assets that would not be part of the Disney acquisition. Goldman Sachs and Centerview previously advised Fox on its unsolicited $80 billion bid in 2014 for Time Warner, among other deals.
It is possible that a deal could be struck before Christmas, according to a source close to the matter.
Fox declined to comment. Disney reps did not return a call seeking comment.
Fingers crossed it doesn't fall through! Too bad they need these teams of bankers and lawyers... rather than intellectual property rights management and financial transfers taking place on some kind of trustless, decentralized, immutable ledger... if only something like that existed!