Detailed text transcripts for TV channel - MSNBC - 20171215:10:39:00
A $52 billion in stock. merger give disney digital assets to help it better compete against streaming networks such as amazon and netflix. shares reacted well to the news and traded up on the announcement yesterday. this is the largest deal that disney has done. of course add to mr. iger's legacy given he has done so much in acquiring other legacies such as pixar. now a major drug manufacturer has announced widespread job cuts on a global scale. what can you tell us about that. >> yes, so tee have a is the israeli pharmaceutical company. best known for making multiple sclerosis drug.