Disney's Acquisition Of 21st Century Fox Is Officially Complete
The Walt Disney Companys acquisition of 21st Century Foxs entertainment assets will become effective at 12:02 a.m. eastern time on March 20, 2019. The deal will bring key Fox assets under Disneys umbrella alongside Pixar, Marvel, and Lucasfilm.
21st Century Fox released the following statement:
Twenty-First Century Fox, Inc. (21CF) (NASDAQ: TFCFA, TFCF) announced that it has today completed the distribution of all issued and outstanding shares of Fox Corporation (FOX) common stock to 21CF stockholders (other than holders of the shares held by subsidiaries of 21CF) on a pro rata basis (the Distribution). 21CF and FOX are now each a standalone, publicly traded company. FOX Class A common stock and FOX Class B common stock are now listed on the Nasdaq Global Select Market (Nasdaq) under the symbols FOXA and FOX, respectively. 21CF Class A common stock and 21CF Class B common stock, which were formerly listed on Nasdaq under the symbols FOXA and FOX, respectively, are now listed on Nasdaq under the symbols TFCFA and TFCF, respectively.
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