As I understand it, Fox New won't be part of the package. From a BBC news report:

"...The assets being sold by Fox include its FX and National Geographic cable channels, 22 regional US sports networks and the company's stake in the Hulu streaming platform in the US.

It would also add to Disney's extensive film and television library, with movies such as Avatar and Deadpool, as well as small screen hits including The Simpsons and Modern Family.

The Fox broadcast network, Fox News and Fox Sports would remain under the Murdochs' control."

Read the whole thing: Disney set to seal $60bn 21st Century Fox takeover - BBC News