Disney and Fox must decide on their merger tomorrow

Economic Defense Administrative Council (CADE) established this Friday 15th, February as the deadline for Disney and Fox to present a final manifestation for its merger process trial, according to what Brazilian Diário Oficial da União reported.   

CADE already had pronouncements from Sky, Telefonica, Net, Claro and the rest of pay TV operators. Brazilian National Film Agency (Ancine) and some FTA broadcasters did so.

The company must make a final decision on Disney-Fox merger before March 17th, but a 90 day extension would be possible requested, as Polyanna Volanova, advisor in charge of CADE, reported Bloomberg.