- Twenty-First Century Fox Executive Chairman Lachlan Murdoch said it is still an “open question” whether the company will buy back the regional sports networks it sold to Walt Disney for $ 71 billion.
- Murdoch, who will become CEO of the remaining company “New Fox,” said the company “will be inquisitive” in looking at the possibility of buying back the sports assets.
- Disney won a bidding war earlier this year against Comcast to acquire Fox’s film and TV assets.
Twenty-First Century Fox Executive Chairman Lachlan Murdoch said Thursday it is still an “open question” whether the company will buy back the regional sports networks it sold to entertainment company Walt Disney Co in July as part of a $ 71 billion deal.
Speaking at the New York Times Co’s DealBook conference in New York, Murdoch, who will become CEO of the remaining company “New Fox,” said the company “will be inquisitive” in looking at the possibility of buying back the sports assets.See the rest of the story at Business Insider
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