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Published on 12/16/2016 in the Prospect News Investment Grade Daily.

Fitch affirms Twenty-First Century on acquisition

Fitch Ratings said it affirmed the BBB+ long-term issuer default ratings of Twenty-First Century Fox, Inc. (FOX), and its wholly owned subsidiary 21st Century Fox America, Inc., following the Dec. 15 announcement that FOX will acquire the 60.9% of Sky plc it does not already own for $14.8 billion.

The outlook remains stable.


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