One week after Comcast officially bowed out of the bidding war for 21st Century Fox’s entertainment assets by ceding to Disney, shareholders of both Fox and Disney have today approved Disney’s $71.3 billion acquisition offer for Fox (via The Wall Street Journal).
At two separate gatherings this morning in Manhattan, both company’s shareholders were said to have „voiced their support“ for the acquisition in brief meetings that lasted less than 15 minutes.
There are still a few hurdles before Disney officially acquires 21st Century Fox’s entertainment assets, mostly related to approval from overseas entities. Specifically, [...]
LG Display has signed a deal with Apple to supply both LCD and OLED panels for the company’s 2018 range of iPhones, according to a new report by Korea-based Newspin (via DigiTimes).
The contract will see LG Display ship around 20 million LCD smartphone panels to Apple in 2018, according to the report, which also puts the number of OLED panels to be supplied by LG in the 3 to 4 million ballpark range, as per previous rumors.
In addition, the report claims LG is „likely“ to secure the majority of 6.5-inch panel orders from Apple in 2019, which will see the firm ramp up its OLED shipments to 10 million units in the year. LG will reportedly produce [...]
21st Century Fox and the Walt Disney Company today announced a new deal that increases the value of Disney’s original December 2017 offer from $28 a share at $52.4 billion to $38 a share at $71.3 billion, with a new cash component. This agreement „is superior to the proposal“ from Comcast made earlier this month, according to an unnamed representative speaking for Fox (via The Wall Street Journal).
Additionally, the new Fox-Disney deal states that Fox shareholders will be able to receive their consideration „in the form of cash or stock,“ subject to 50/50 proration. The updated deal comes six months after Disney first announced [...]
AT&T has launched a new Father’s Day deal for the next few days, offering new and existing customers who purchase an iPhone X as an upgrade or a new line a second iPhone X at no additional cost as long as it’s for a new line.
Customers will need to finance both iPhone X devices via AT&T Next 30 or AT&T Next Every Year, but within three billing cycles they will begin receiving bill credits totaling up to $999.99 spread out over 30 months. Tax on the full cost of both phones is due at the time of purchase, and the deal runs through June 19.
AT&T’s product pages aren’t yet reflecting the full $999.99 promo for the [...]