RBC: 21st Century Fox will keep going up as Disney acquisition talks simmer (DIS, FOXA)
Disney is reportedly in talks to buy 21st Century Fox’s TV assets.
RBC analyst Steven Cahall breaks down the potential details of the deal and thinks 21st Century Fox will spin off the assets Disney isn’t interested in.
21st Century Fox could grind higher as the details of the deal are worked out and announced, Cahall said.
Watch 21st Century Fox’s stock price change in real time here.
It’s looking like Disney could be the eventual buyer of 21st Century Fox’s entertainment and TV business, but many of the details are unknown. No deal has yet been announced, but reports …read more
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