June 21 (Reuters) - Walt Disney Co DIS.N : WALT DISNEY CO - ON...

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    June 21 (Reuters) - Walt Disney Co DIS.N :

    • WALT DISNEY CO - ON JUNE 20, CO AND TWENTY-FIRST CENTURY FOX, ENTERED INTO AN AMENDED AND RESTATED AGREEMENT AND PLAN OF MERGER - SEC FILING
    • WALT DISNEY - IF GOVERNMENT CONSENT NEEDED, CO TO DIVEST BOUGHT ASSETS, BESIDES 21CF’S REGIONAL SPORTS NETWORKS, THAT GENERATED NO MORE THAN $1 BILLION OF 21CF EBITDA
    • WALT DISNEY - AMENDED & RESTATED MERGER DEAL ELIMINATES CONDITION CONTAINED IN ORIGINAL DEAL THAT PARTIES RECEIVE TAX RULING FROM AUSTRALIAN TAXATION OFFICE
    • WALT DISNEY - ALSO REMAINS COMMITTED, IF AND TO EXTENT NECESSARY TO OBTAIN REQUIRED GOVERNMENTAL CONSENTS, TO DIVEST 21CF'S REGIONAL SPORTS NETWORKS
    • WALT DISNEY - AMENDED & RESTATED MERGER DEAL PROVIDES EACH SHARE OF DISNEY COMMON STOCK WILL BE CONVERTED INTO ONE SHARE OF NEW DISNEY COMMON STOCK
    • WALT DISNEY-AMENDMENT THAT CO COULD DIVEST BOUGHT ASSETS GENERATING NO MORE THAN $1 BILLION OF 21CF EBITDA, IS UP $500 MILLION OF 21CF EBITDA FROM ORIGINAL DEAL

    Source text: (http//bit.ly/2K0d08y)

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