The Hollywood Reporter reports: “Walt Disney and 21st Century Fox shareholders on Friday voted in favor of a $71.3 billion deal, in which Disney will acquire large parts of Fox, including the 20th Century Fox film and TV studios, Fox’s entertainment cable networks and its international assets.” The Department of Justice had already given its conditional approval of the merger, provided Disney divest Fox's regional sports networks, but there was still one major roadblock for the companies - the shareholders.
21st Century Fox share holders approve a $71.3 billion merger with The Walt Disney Company.