Don’t Rush Out and Buy Disney Just Yet

By the time this hits your inbox, the quasi-mythical Disney-Fox deal, which is to say Walt Disney Co.’s (NYSE: DIS) purchase of 21st Century Fox Inc. (Nasdaq: FOXA), may have already been announced.

As I write this, the deal looks to be a foregone conclusion. Disney is set to pony up something on the order of $52 billion for Fox’s assets (and, as part of the deal, debts).

What a deal…. It comes “fully loaded” with Fox’s film and television production operations, the FX network, National Geographic (NatGeo) channel, regional sports networks, and even big stakes in SKY News and Hulu.

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