The Presidential Daily Brief


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    Disney Held Talks About Purchasing Large Share of Fox

    Normally it’s the fox that eats the mouse. But Walt Disney Co. reportedly held recent negotiations to buy most of Rupert Murdoch’s 21st Century Fox empire, including its Twentieth Century Fox studio and cable networks FX and National Geographic Channel. Such a deal could reshape the global media landscape, leaving mogul Murdoch to focus on sports, commentary and news. Both companies’ shares rose as the news broke, though any potential deal would be subject to close scrutiny from regulators as a serious consolidation of the media market.

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