What Did Disney Buy From Fox? Back in August, when Disney (NYSE: DIS) announced that it would cut ties with Netflix and launch its own streaming business to compete in digital content, etc… Wall Street crushed it. I pondered… Why? After all, it was exactly what Disney needed to do. At the time, August 25th, Disney’s dividend was about 1.7%. The P/E ratio was about 16. The stock had listed sideways for about 3 years, in a price band from $90-120. Meanwhile, in the prior year, 2016, Disney was the…
Read MoreWith DIS Fox Acquisition Complete… Will Apple Buy Disney?
