Walt Disney to eat up 21st Century Fox

The Walt Disney company actively begins to buy out shares of the competitors. On a recent day, it became known that Disney is negotiating with 21st Century Fox Inc. for the purchase of the most part of their assets. The deal may go through this week, then, there is a possibility that 21st Century Fox Inc. will get significantly smaller and become the part of Walt Disney. According to the sources, Walt Disney wants to buy Fox because of its business of producing and distributing TV programs. A large deal will positively affect the Walt Disney stocks.

Since Friday, Walt Disney shares have grown by 2.4% and will continue their growth on the news. Trade will be available during the American session, from 14:40 to 21:00 GMT.

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