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Mergers & Acquisitions
Disney’s stock offer would allow Fox to spin off the assets tax free, while a cash offer from Comcast would result in a taxable spin, sources say.
The Justice Department will allow Bayer’s deal to acquire Monsanto for $62.5 billion, Dow Jones reported.
The Department of Justice unveiled a lawsuit to block the $85 billion mega merger more than one year after it was announced.
The Justice Department is demanding CNN or DirecTV be sold as condition for the AT&T, Time Warner deal approval.
T-Mobile and Sprint are entering due diligence on their deal, sources tell CNBC’s David Faber.
“As I understand it, the parties have structured the deal such that it won’t require paperwork with the FCC.”