- Brazil's antitrust regulator has said it will do a further review in its country of Disney's (DIS +4.4%) purchase of media assets from Fox (FOX +0.4%, FOXA +0.6%), Bloomberg reports.
- The regulator, CADE, notes that a condition it had for approving the deal was the sale of the Fox Sports pay TV channel.
- That sale wasn't completed by the deadline it set -- so the decision will have to be reviewed, CADE says, noting that's the best way to address concerns about market concentration.