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CNBC Squawk Alley December 14, 2017

Hollywood and media. A monster deal reverberating through hollywood and silicon valley, too. The deal david has been reporting has been announced disney is buying the majority of 21st century fox for more than 52 billion in stock david broke the news seems an eternity ago and is with us at post 9, having talked to eiger this morning we did. November 6th we broke the story. People still trying to get their head around it, but here we are with the deal itself a little more than a month later. Some 52. 4 billion worth of disney stock exchanged for these assets, in addition to 14 billion from the company closer to 55 billion overall in equity when you count the 515 million shares exchanged there will be some considerations netted out and so forth is why they get to the 52. 4 billion number the stocks themselves, fox performing fairly well as people try to understand the future of this independent entity that will comprise of fox sports, the fox network, fox broadcast, the affiliates, fox b ....

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CNBC Squawk On The Street December 14, 2017

Bob iger is about to join us as disney buys a big chunk of 21st century fox. Retail sales up 0. 8. But we know what the lead is today. Yep, we finally got the deal weve been talking about now for more than a month, of course disney buying those fox assets that weve detailed time and again over this last, lets call it, five weeks or so since we first brought the story to you of the talks between the two it is a large deal, to say the least. Depends on how you want to value the equity right now, at current prices, and if you take into the considerations that minority interests, its about 55 billion in equity. Some 515 million shares of disney will be exchanged for the fox businesses that are going to be sold to disney. Were talking about a deal with an enterprise value of 69 billion. Theyll take on 14 billion worth of debt. Tax liability which i finally got clarity on, 8. 5 billion to fox. That is the spinco, could come down as a result of tax reform, the lower tax rate and that will hav ....

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CNBC Closing Bell December 14, 2017

Disney, of course, as you heard by now, buying various assets of 21st century fox in a deal worth dl more than 66 billion when you include the debt david faber broke the story weeks ago that the two companies were in talks and lo and behold, its soup now. Congratulati congratulations. Thanks. We were reminiscing about the various deals youve broken over the years. Yes, you and i go back to my first big one, British Telecom and mci. 2 22 billion deal in inflation . Exactly that got to the finish line on this one, bill a lot of talking going on between disney and fox and also our Parent Company, comcast and fox. Thats sort of where we want to begin today as we head toward the later parts of the day comcast did compete vigorously for these assets people close to the company indicate, or people close to all the companies involved, that being the people who were advising and so f ....

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Two "veteran voices" are returning to Vancouver radio

Jack FM is going to sound a little different in a few weeks! ....

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