AT&T

Comcast Outbids Disney, Offers $65 Billion In Cash For Fox

7 monthes ago   |   By Android Headlines

Comcast on Wednesday launched a $65 billion all-cash offer for most 21st Century Fox assets, outbidding Disney's $52.4 billion proposal from earlier this year. The Philadelphia, Pennsylvania-based conglomerate wants to merge its NBC network and Universal studio with FX and 20th Century Fox, having bid $35 per share, some 19-percent more than Disney did. Besides being more valuable, Comcast's approach also has the advantage of being an all-cash affair, whereas Disney only offered stock. Fox acknowledged the new bid in an official capacity but hasn't provided any additional comments on the...
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Comcast Offers $65 Billion For 21st Century Fox Against Disney

Comcast Offers $65 Billion For 21st Century Fox Against Disney

7 monthes ago   |   By Ubergizmo

Disney's $52.4 billion stock-based deal with Fox is still pending for the latter's TV and film assets but Comcast has now thrown its hat in the ring as well with a competing bid. Comcast has made a higher offer that not only comes in at almost $65 billion but also happens to be an all-cash offer for $35 per share. The bid is expected to mark the beginning of a battle between the two companies with Fox having to decide which is the better option.
Comcast's bid for 21st Century Fox comes less than a month before the company's board of directors is due to vote on the Disney bid on July 10th...
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