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Fox Will Be Ready to Close Disney Deal Jan. 1
Fox will be logistically ready for its pending mega-deal with the Walt Disney Co. to close Jan. 1, top exec Peter Rice told employees Wednesday. According to sources present at a town hall meeting on the Fox lot in Los Angeles, Rice reiterated that the deal is still on track to close sometime in the first half of 2019, either in the first or second quarter. But he said that structure of New Fox — down to elements such as human resources and payroll — will be ready to go by Jan. 1. Regulatory processes will likely drag the ultimate closure beyond that date.
Fox Will Be Ready to Close Disney Deal Jan. 1, Says Peter Rice (EXCLUSIVE)
Fox will be logistically ready for its pending mega-deal with the Walt Disney Co. to close Jan. 1, top exec Peter Rice told employees Wednesday. According to sources present at a town hall meeting on the Fox lot in Los Angeles, Rice reiterated that the deal is still on track to close sometime in the first half of 2019, either in the first or second quarter. But he said that structure of New Fox — down to elements such as human resources and payroll — will be ready to go by Jan. 1. Regulatory processes will likely drag the ultimate closure beyond that date.
Fox Will Be Ready to Close Disney Deal Jan. 1, Says Peter Rice (EXCLUSIVE)