Interesting To See Disney Spending Billions Of Dollars Acquiring Rupert Murdoch Assets

Discussion in 'General Trading Discussion' started by longtermbull, Dec 15, 2017.

  1. longtermbull

    longtermbull Administrator Staff Member

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    It looks to me as though the likes of Google, Apple and Amazon are really scaring more traditional entertainment companies such as Disney. Spending upwards of $50 billion acquiring an array of Rupert Murdoch assets may well be good value in the long-term but this is an extremely competitive market. What does everyone else think of this transaction?
     
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