That doesn't mean it will go smoothly. It's only moved on to the next stage for merger/acquisitions. International regulations may be more harsh, taking the full appropriate length for review. Brazil's regulatory process alone is projected to last well over the DOJ meager 6 months. Disney also need consent from regulators in 14 or so countries and the European Union. Remember, this deal has to be approved by ALL international regulators before it can close. It's also awaiting the approval of the Federal Communications Commission.I'm actually really surprised that this passed all the legal committees, etc, but I actually think it's gonna go smoothly now that it's past that stage.
The DOJ approval was unusually quicker than analysts expected, leading many to speculate that political support for the Disney/Fox transaction made a difference. It's so hilarious that despite Trump's blessing for the deal, he could be the one to lead to its undoing according to what the Bloomberg reported: "that out of all 15 nations yet to approve the deal, China could become the biggest threat to the merger since the trade war with USA resulted in the merger between Qualcomm and NXP not being realized." Disney already missed their Quarterly earnings and Iger is banking everything on this merger.
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