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Disney announces Fox rating election results; shares -1.2% – Walt Disney Company (NYSE: DIS)



Disney (NYSE: DIS) shares move with quite heavy demand volume, [1.2459005] down the 1.2% mail market, when the company announces preliminary results of remuneration elected by shareholders of twenty-fifth century Fox FOX, FOXA for their $ 71B -eiendomssalg.

Fox shareholders had to choose what kind of remuneration they would receive for their shares.

About 51.57% of the Fox shares (959,919,292 shares) to receive cash. About 36.65% of outstanding shares (holders of 682,198,198 shares) chose to receive shares in New Disney (TWDC Holdco, the holding company that will own both Disney and 21

CF as part of the overall transaction).

Holders of an additional 11.79% of outstanding shares did not make a choice.


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