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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Fox Corporation | NASDAQ:FOX | NASDAQ | Common Stock |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| -0.44 | -1.50% | 28.81 | 28.78 | 29.50 | 29.30 | 28.81 | 29.16 | 801,637 | 23:12:26 |
From Apr 2019 to Apr 2024
By Josh Beckerman
Walt Disney Co. (DIS) and 21st Century Fox Inc. (FOX, FOXA) announced share-exchange terms related to the distribution of Fox Corp.'s shares.
Disney's $71.3 billion purchase of entertainment assets encompassing Fox's movie studio is scheduled to close this week. A new company called Fox Corp. will contain assets that include the Fox broadcast network and Fox News Channel.
Fox and Disney said the distribution adjustment multiple will be 1.357190. The companies said 0.263183 of each share of 21st Century Fox share will be exchanged for one third of a Fox Corp. share.
News Corp, which owns Dow Jones, and 21st Century Fox share common ownership.
Write to Josh Beckerman at josh.beckerman@wsj.com
(END) Dow Jones Newswires
March 18, 2019 18:04 ET (22:04 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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