Showbiz > Business

Comcast bids $65billion for most of 21st Century Fox to undercut Disney's existing deal

10 days ago   |   By Daily Mail

Comcast made a $65billion bid Wednesday for Fox's entertainment businesses, setting up a battle with Disney to become the next mega-media company.
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Comcast $65bn bid sets up battle with Disney for Fox

Comcast $65bn bid sets up battle with Disney for Fox

10 days ago   |   By Wessexfm

US cable giant Comcast has launched a $65bn cash bid for 21st Century Fox's entertainment businesses, setting up a battle with Disney which has offered $52bn in stock.
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Comcast offers $65bn for Fox assets in bid to gazump Disney

Comcast offers $65bn for Fox assets in bid to gazump Disney

10 days ago   |   By The Telegraph


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Comcast makes $65 billion offer for Fox properties, including Hulu stake

Comcast makes $65 billion offer for Fox properties, including Hulu stake

10 days ago   |   By Ars Technica

Comcast today made a $65 billion offer to buy major portions of 21st Century Fox, setting up a potential bidding war with Walt Disney Company.
Disney already struck a $52.4 billion all-stock deal to buy the Fox properties, but Comcast announced that it is making an all-cash offer to "provide shareholders with certain value and immediate liquidity."
The offer comes one day after a judge rejected the Trump administration's attempt to block AT&T's purchase of Time Warner Inc. The ruling suggests that Trump's Department of Justice wouldn't be able to stop a Comcast/Fox deal.
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Comcast bids $65 billion for 21st Century Fox assets

Comcast bids $65 billion for 21st Century Fox assets

10 days ago   |   By BizAsia

In an attempt to steal the glory from Disney, rival broadcaster, Comcast has formally made a $65 billion all-cash bid for 21st Century Fox assets. Earlier, Disney had attempted to secure the same film and television assets for a price of $52.4 billion. This will no doubt intensify the bidding war between the two giants, both of which are eager to buy Fox to thwart opposition from the current digital space. In a letter to Fox's board, and members of the Murdoch family, Comcast's CEO Brian Roberts said, “We were disappointed when decided to enter into a transaction with The Walt Disney...
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Comcast launches $65bn bid to steal Murdoch's Fox away from Disney

10 days ago   |   By The Guardian

Comcast's all-cash offer is 19% higher than Disney's $52.4bn bid for Murdoch company and comes in week of seismic media change Cable giant Comcast has launched a hostile bid for 21st Century Fox, the media empire controlled by Rupert Murdoch. Related: Lachlan Murdoch ascends as CEO and chairman of new Fox company
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Comcast makes $65 billion offer for 21st Century Fox assets as bidding war with Disney heats up

Comcast makes $65 billion offer for 21st Century Fox assets as bidding war with Disney heats up

10 days ago   |   By Business Insider

Comcast has officially bid $65 billion for 21st Century Fox , topping Disney 's $52 billion offer.
The proposal comes one day after a court approved AT&T's $85 billion merger with Time Warner.
Comcast made its highly-anticipated bid for 21st Century Fox official, offering $65 billion for the company excluding the Fox News and Fox Business channels.
The bid, $35 per share in cash, is higher than Disney's previous offer of $52 billion for the company's production assets and movie franchises.
"We have long admired what the Murdoch family has built at Twenty-First Century Fox," Comcast said in...
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