The Walt Disney Company, an American multinational mass media and entertainment conglomerate, is all set to acquire 21st Century Fox, the Manhattanbased global mass media corporation headed by Rupert Murdoch, in an all-stock transaction valued at $52.4 billion. While Disney has a market cap of $164 billion, 21st Century Fox is worth over $62 billion. An official announcement on the deal will be made on Friday (Thursday in the US).

The Walt Disney Company, an American multinational mass media and entertainment conglomerate, is all set to acquire 21st Century Fox, the Manhattanbased global mass media corporation headed by Rupert Murdoch, in an all-stock transaction valued at $52.4 billion. While Disney has a market cap of $164 billion, 21st Century Fox is worth over $62 billion. An official announcement on the deal will be made on Friday (Thursday in the US).