Disney is reportedly nearing a deal to buy 21 Century Fox's TV business
Dec 5, 2017, 20:20 IST
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Disney and 21st Century Fox are closing in on a deal that could come as quickly as next week, according to a CNBC report citing sources familiar with the matter.
The transaction would involve Disney acquiring Fox's studio and television production assets - a portion of the business that has an enterprise value of more than $60 billion, CNBC's sources say.
The deal would leave Fox with is news and sports assets.
This story is developing. Stay tuned for updates.
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