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Shareholders approve Disney/CapCities merger.(Capital Cities/ABC to merge with Walt Disney Co.

By McClellan, Steve
Publication: Broadcasting & Cable
Date: Monday, January 8 1996

Only thing left is FCC approval, expected later this month

Disney and Capital Cities/ABC shareholders approved the $19 billion merger of their companies last week, and Sanford Litvack, Disney senior vice president, said the merger could close as early as Jan. 18, when the FCC tentatively is set to approve the deal.

The Justice Department is reviewing the merger's antitrust implications, although Disney CEO Michael Eisner said at the company's shareholder meeting in New York on Jan. 4 that he doesn't anticipate any action from Justice that would block the deal or f

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