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The Wall Street Journal: Disney, Fox set July 27 date for shareholders to vote on $71 billion deal

Shareholders of Walt Disney Co. and 21st Century Fox Inc. will vote on the proposed $71 billion tie-up of the two companies on July 27, the companies said.

A vote on the deal had previously been scheduled for July 10, but was postponed after Comcast Corp. submitted an unsolicited $65 billion bid for the Fox assets, forcing Fox’s board to weigh that offer and prompting Disney to revise its own. Disney DIS, +0.78% had initially bid $52.4 billion in stock for Fox FOX, +2.13% ; its current offer is a mix of cash and stock.

The newly rescheduled meeting sets an effective deadline for Comcast to decide whether to attempt again to outbid Disney.

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