Cheddar Morning Business Update 12/7: Disney, 21st Century Fox get closer to deal
Disney's talks with 21st Century Fox could end in a deal soon for the company. And its CEO, Bob Iger, could be staying as the head of Disney if the $40 billion deal is closed. An announcement on the deal could come as early as next week.
Meanwhile, outdoor retailer Patagonia is taking on Trump. It's suing the Trump administration to stop it from reducing the size of Utah's Bears Ears National Monument. The company feels the rollback of the federal protection on the land is an 'overreach in authority.' The lawsuit is the fourth filed since the announcement.
Is it time to change jobs? Facebook has been named the best company to work for for the third time, according to career website Glassdoor. The list is based on anonymous feedback from employees. In-n-Out Burger and Google also made the top five