India and Brazil, I believe. Those were the ones I saw mentioned here.
I guess I was thinking of announcements in terms of planning. Correct me if I'm wrong, but I thought that the deal being blocked by a country would prevent the results (i.e., completion) of the deal being brought to that country. So if Argentina blocked it, for example, they wouldn't be able to build a theme park with the FF, screen their movie. Things I would think people would want to know ahead of time. But none of that can happen until after closing, so I guess that point is moot....
If a country said: "No, we're not going to approve this merger." they only way they can enforce that is to prevent the new entity from doing business in their country. In most countries the only business the new entity would be doing is releasing films and selling merchandise, so it would basically be: "If you go through with this merger, you won't be able to release films or sell merchandise here anymore."
With the example of Argentina, Disney's response would probably be: "That's too bad. Oh well, we'll just sell our product elsewhere."
Since that would stink for the people of Argentina, the anti-trust authorities in Argentina would likely not go that route. If they have any real concerns, they'll let Disney know and Disney can work with them.
Realistically, because of the nature of the deal, I can't imagine anyone refusing unless they think they can make some political point out of it. And in that case Disney would have to decide what route leaves them in the best situation.
Now getting back to your point, as you sugget, all that does impact Disney's business and the value of their stock, so if there are any real problems, they will have to discuss that. But if, for example, Argentina (sorry to pick on you Argentina
) approved the deal on October 17th, Disney wouldn't really have to announce that on the day it happened. They'd just mention in in their conference call next week when they summarize the status of the merger.
There are 1000 things happening every day that have some impact on the business, but it's the job of the board to collect all that information, determine what really matters and what doesn't and communicate that to shareholders through their quarterly reports and the conference call they use to explain those reports and other matters (such as the status of the merger).
In my mind, China is the only real question mark. If this is true, a closing before the end of the year or at least early next year could be realistic.
