FOX IS TALKING SELLING TO THE WALT DISNEY CO.!

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According to a report from CNBC, 21st Century Fox is in talks to sell most of its assets to The Walt Disney Co. The report said the talks took place over the last few weeks, and there is no certainty a deal will be made. 
WHY THIS MATTERS: CNBC said that what would remain at Fox, controlled by Rupert Murdoch and his sons, would be a company focused on news and sports. Disney would not be able to buy the Fox Broadcasting Co. or its owned-and-operating stations, or its Fox News operations. Fox would also keep its sports programming business, in part because any combination with ESPN would be seen as anti-competitive.

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