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Transactions

Aug. 28, 2001

Dewey Ballantine: FOX FAMILY GETS READY TO JOIN MOUSE-HOUSE EMPIRE

Media conglomerate Walt Disney Co. is buying children's cable network Fox Family Worldwide Inc. from News Corp. Ltd. and television entrepreneur Haim Saban, each of whom owns 49.5 percent of the company.

        Media conglomerate Walt Disney Co. is buying children's cable network Fox Family Worldwide Inc. from News Corp. Ltd. and television entrepreneur Haim Saban, each of whom owns 49.5 percent of the company.
        The cash and assumption-of-debt deal is worth $5.3 billion.
        New York investment bank Allen & Co. Inc. is selling its 1 pe...

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