Disney closes in on deal to acquire 21st Century Fox’s movie, TV and sports assets
December 13, 2017 at 20:13 PM EST
Walt Disney Co. is close to a deal to acquire a large piece of 21st Century Fox Inc., people familiar with the situation say, in a pact that could help the entertainment giant accelerate its ambitions in streaming media, shore up its television business and grab hold of lucrative movie franchises.