Fox Shareholder Meeting Delayed Until Late July

Fox Shareholder Meeting Delayed Until Late July

In the latest installment of the bidding war between Disney and Comcast, 20th Century Fox has delayed their shareholder meeting yet again. According to Fox, their original date for their shareholder meeting was to be in early July. This meeting was to be held for the shareholders of Fox to decide and vote upon whether they agree with the offer of 70+ billion dollars that Disney was offering. However, with Comcast still looming large and analysts predicting they will make another counter, Fox has pushed this meeting even farther, stipulating that should an irregularity (a counter offer) event take place, there may be precedent to delay the meeting once more. The meeting will now take place on July 27th, 2018.