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Technology Stocks : Walt Disney
DIS 128.79-0.9%4:02 PM EDT

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From: JakeStraw3/20/2019 12:21:47 PM
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Read the memo Disney CEO Bob Iger sent to employees after closing the $71 billion Fox deal
Disney CEO Bob Iger said there will be challenges ahead as the two companies integrate following the $71 billion deal’s close.

Many expect layoffs in the thousands to eliminate duplicate staff between Disney and Fox.

Disney stands to gain key content for its upcoming streaming service through the acquisition.
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