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Disney wins antitrust approval for Fox entertainment assets

Rebecca Zisser

Walt Disney Co. has been granted government approval to acquire 21st Century Fox's entertainment assets for $71.3 billion, by agreeing to divest Fox's 22 regional sports networks (RSNs) as a part of the deal approval process.

Why it matters: Comcast is expected to again top Disney's bid for the same properties in the coming weeks, but the swift regulatory approval for Disney could make it more appealing for Fox shareholders to favor Disney's bid over Comcast's.