YOUR BUSINESS AUTHORITY
Springfield, MO
In an attempt to allay EU antitrust concerns, Walt Disney Co. has offered concessions in its $71.3 billion bid for Twenty-First Century Fox Inc.’s entertainment assets.
Without disclosing details of the offer, the European Commission extended its review deadline to Nov. 9 from Oct. 19. It is now expected to seek feedback from customers and rivals, Reuters reports.
In June, Disney received U.S. Justice Department approval on condition after agreeing to sell Fox’s 22 regional sports networks.
Read more from Reuters.
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