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Disney is buying most of 21st Century Fox for $52.4 billion

The Disney Store is open for business in Time Square on the day that Disney announced it will buy 21st Century Fox assets in a deal worth more than $52 billion in stock in New York City on December 14, 2017. Bob Iger will remain Disney's chairman and CEO through the end of 2021. The Disney-Fox deal will give Disney more content when it launches its own streaming service. Photo by John Angelillo/UPI

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