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Disney Announces Fox Examines Election Results; Shares -1.2% – The Walt Disney Company (NYSE: DIS)



Disney shares (NYSE: DIS) are moving at a relatively heavy volume, lower by 1.2% after the company announces preliminary results from the election of Twenty-First Century Fox shareholders FOX, FOXA) for their $ 71B assets sale.

Fox shareholders had to choose what form of remuneration to get for their shares. to receive cash. Around 36.65% of the shares (682,198,198 shares) opted to receive shares in New Disney (TWDC Holdco, the holding company that will own both Disney and 21CF as part of the overall deal).


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