On December 14, 2017, The Walt Disney Company announced their intent to acquire 21st Century Fox for $52.4 billion after the spin-off of certain businesses into a new entity (Fox Corporation). While the acquisition was originally slated to include Fox Sports' regional operations (which, presumably, would have been re-aligned with Disney's ESPN division), the Justice Department ordered that they be divested within 90 days of the completion of the acquisition due to the concentration of the market that ESPN would hold.