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Disney's Fox deal gets China's approval

November 19, 2018 4:50 PM
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(Reuters) - Walt Disney Co (DIS.N) on Monday received unconditional approval from China for its deal to buy Twenty-First Century Fox’s (FOXA.O) entertainment assets, clearing one of the last major hurdles for the deal to go through.

Disney agreed to purchase Fox’s film and television assets for $71.3 billion and received approval from European Commission earlier this month, subject to certain conditions.

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