Bob iger is about to join us as disney buys a big chunk of 21st century fox. Retail sales up 0. 8. But we know what the lead is today. Yep, we finally got the deal weve been talking about now for more than a month, of course disney buying those fox assets that weve detailed time and again over this last, lets call it, five weeks or so since we first brought the story to you of the talks between the two it is a large deal, to say the least. Depends on how you want to value the equity right now, at current prices, and if you take into the considerations that minority interests, its about 55 billion in equity. Some 515 million shares of disney will be exchanged for the fox businesses that are going to be sold to disney. Were talking about a deal with an enterprise value of 69 billion. Theyll take on 14 billion worth of debt. Tax liability which i finally got clarity on, 8. 5 billion to fox. That is the spinco, could come down as a result of tax reform, the lower tax rate and that will hav
All right, Supreme Court is not round. White house is kind of rectangular. The pentagon, thats selfexplanatory. And the Capitol Building has a dome, so im gonna have to go with a, the Capitol Building. Final answer. For 1,000. I bet youre a pretty good teacher. Youre also 1,000 richer. Whoo congratulations just like that. Thank you very much. What a great day today. We gave a teacher 1,000. We got james 30,000. Thanks for joining us today. For everyone whos been a part of this one, im chris harrison. Well see you next time. [cheers and applause] closed captioning sponsored by trastep into america andn . Canadas best value inns for free iernet continental breakfast and instant rewards at most of our 1,000 hotels. Would you cross a street . Would you cross an ocean . Would you go if you could use your knowledge to teach someone and, in the process, maybe learn something yourself . Life is calling. How far will you go . Peace corps. Oh, man. Thats awful. The internet of course, loves this
Heart attack and stroke. A daily sugary drink resulted in an average of 30 more fat over six years. Were not going to discuss what a daily sugary cupcake will do. Man, you might as well give up at that point but diet sodas not as bad, apparently. The ringling brothers circus will retire its elephants in may, a year and a half earlier than planned. 11 animals are on tour right now but so many cities and counties have passed anticircus laws out of concern for mistreatment that the Company Found it couldnt arrange tours for their traveling circuses to 115 cities. The elephants will now join 29 others at a Conservation Center in florida. Okay. So you can make art out of anything you know, and brian owens is proof of that. He makes portraits out of salt. Including this one of actor Morgan Freeman. Wow, look at that. Look at that. He uses a playing card and a small brush to direct the salt and dark. That is fantastic. Brian says that he takes lots of pictures as he works and compares them si
And style inspired and influenced generations of musicians from mick jagger to duran duran to madonna, from singing to acting, he did it all. Starring in movies like the hunger and the man who fell to earth. Just last friday on his 69th birthday, he released his 25th and final album rock star. This album reportedly a carefully planned finale a parting gift to his fans. Elizabeth hur, abc news, new york. Last known survivor of the 1906 San Francisco earthquake has died. William del monte was 3 months old when the quake struck. Remembered his dramatic escape from the burning city. His family grabs a horse drawn wagon and made its way out of the city william was still working as a stockbroker then and he was just old. That winter has arrived for western new york. Some areas east of lake erie, look at these pictures. Whoa. Of nearly two feet of snow on the ground and more is on the way today. That car. Arctic air is reacting with the warm water producing lakeeffect snow. There could be as
Prosecutor violated a tenyearold agreement not to bring charges against cosby if he testified in a civil case. Hes due to appear in court again early next month. Singer natalie cole was remembered with music and a joy a lot of joy at a Funeral Service in los angeles. A whos who have soul, r b, jazz and pop music stars were there to say goodbye including gladys knight, stevie wonder. They addressed the challenges and blessings that she faced as the daughter of the legend nat king cole. She was natalie king cole, a superstar in her own right. Natalie cole died on new years day of heart failure. Her sister said that she wanted her epitaph to read the daughter of a king. The mother of a prince, and a friend to all. She had so many 0 fans. The grief is still fresh over the loss of another giant from fans of david bowie have been gathering in new york and london as well as l. A. Bowie lived in new york and london and theyre expressing their sorrow there. He died of cancer yesterday at the ab