FTC Okay With Disney's A&E Stake

  • July 30, 2012

The FTC has no problems with Disney's $3 billion purchase of NBCU's 15% stake in A+E, reports B&C. It is expected to close later in the year, giving Disney and Hearst a 50% stake each in the cabler and its networks. The FTC has terminated its Hart-Scott-Rodino antitrust review of the deal.

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