21st Century Fox shares spike on reports of Disney talks
Shares of 21st Century Fox (NASDAQ:FOXA) spiked nearly 10% on reports that the company recently held talks with Walt Disney (NYSE:DIS) to buy certain company assets, including the film studio, according to The Wall Street Journal. These same reports say talks are currently not in progress.
| Ticker | Security | Last | Change | Change % |
|---|---|---|---|---|
| FOXA | FOX CORP. | 31.40 | +0.01 | +0.03% |
| DIS | THE WALT DISNEY CO. | 111.99 | -0.62 | -0.55% |
Shares of Disney gained 2% on the news. The House of Mouse is set to report earnings on Thursday.
21st Century Fox is the parent company of FOX Business and Fox News.