Today, an overwhelming majority of Disney and 21st Century Fox’s shareholders agreed to the $71.3 billion merger deal that will see the movie rights for both the X-Men and the Fantastic Four come to Marvel Studios.
According to Deadline, the decision was made in about 10 minutes and 99 percent of shareholders co-signed with only a single person objecting saying that Disney was spending too much money. Reportedly, the rest of the shareholders applauded the deal with one in particularly claiming that they loved Fox’s Rupert Murdock which is the sort of thing one says when they’re about to become significantly more wealthy.
According to Variety, 21st Century Fox CFO John Nallen told shareholders the merger is expected to be completed in the first half of 2019.
Here’s how Disney described how the transaction would affect the Marvel Cinematic Universe when the proposed takeover was officially announced last year:
“The agreement also provides Disney with the opportunity to reunite the X-Men, Fantastic Four, and Deadpool with the Marvel family under one roof and create richer, more complex worlds of inter-related characters and stories that audiences have shown they love…”