Archive

Comcast Fox bid puts Disney on notice: $65 billion all-cash in play

4 monthes ago   |   By SlashGear

Following a report alleging as much yesterday, Comcast has officially placed a bid for 21st Century Fox, countering Disney's own effort to acquire the assets. The company doesn't shy away from calling its offer “superior” to Disney's, pointing out that it is putting forward straight cash versus Disney's own all-stock offer. The business decision was reportedly spurred by the recent...
Read more ...

 

Comcast floats 'superior' $65 billion bid for Fox

Comcast floats 'superior' $65 billion bid for Fox

4 monthes ago   |   By Engadget

As expected, a court win for AT&T's attempt to acquire Time Warner has produced another potential mega-acquisition. Seven years after swallowing up NBCUniversal, Comcast announced it's sent a letter to 21 Century Fox's Board of Directors informin...
Read more ...

 

Comcast makes $65 billion offer to steal 21st Century Fox away from Disney

Comcast makes $65 billion offer to steal 21st Century Fox away from Disney

4 monthes ago   |   By The Verge

After weeks of signaling it would do so , Comcast is making a play at 21st Century Fox's TV and film assets. Hoping to derail Disney's pending, stock-based $52.4 billion deal with Fox, Comcast is stepping in with a higher, all-cash offer for $35 per share, which totals approximately $65 billion. The move is likely to trigger an intense battle between Comcast and Disney as 21st Century Fox and the Murdoch empire weigh which is the better option. Fox's board of directors is scheduled to vote on the Disney deal on July 10th.
"Time is of the essence for your consideration of our proposal,”...
Read more ...

 

Comcast offers to buy Fox media assets for $65 billion in cash

4 monthes ago   |   By Reuters

Comcast Corp offered $65 billion on Wednesday for Twenty-First Century Fox Inc media assets, emboldened by AT&T Inc prevailing over the Trump administration's attempt to block a merger with Time Warner Inc .
Read more ...

 

Comcast makes offer to buy 21st Century Fox, less than 24 hours after AT&T-Time Warner deal is approved

Comcast makes offer to buy 21st Century Fox, less than 24 hours after AT&T-Time Warner deal is approved

4 monthes ago   |   By TheBoyGeniusReport

At not-quite-5PM yesterday, a judge rejected the Department of Justice's bid to prevent AT&T and Time Warner from merging, in effect giving the final stamp of approval to a deal that will see AT&T gain an enormous and valuable content library. Comcast was widely expected to make a bid on 21st Century Fox if the deal was approved, and this afternoon, it did.
The deal offers $35 per share for 21st Century Fox in cash, a bid that the company says is a "19 percent" premium over a bid that Disney has already made for a slice of Rupert Murdoch's empire.
Read more ...

 

Fox shares pop ahead of expected Comcast bid

4 monthes ago   |   By Reuters

Twenty-First Century Fox Inc's shares hit a record high on Wednesday as approval for AT&T Inc's $85 billion buyout of Time Warner Inc spurred speculation that Comcast Corp would make an offer for most of Fox's assets.
Read more ...

 


Search by Tags

   Archive      Business      Comcast      Disney      Fox      Acquisition      At&t      Att      Business      Comcast      Entertainment      Fox      Sky      TechnologyNews  


Google now testing Android 9 Pie Apps on ChromeOS

Google now testing Android 9 Pie Apps on ChromeOS

Google's ChromeOS has always been a very awkward system which is far behind Android. However, it is quite popular in some sectors with good price/performance ratio... Read more ...

How to edit PDFs in Microsoft Word

How to edit PDFs in Microsoft Word

Working with PDFs has become as common as working with Word docs, but to get the full editing capabilities in Adobe Acrobat you must shell out $449 for the desktop Pro 2017... Read more ...

The Android phone maker that is more popular than Apple isn't selling its...

The Android phone maker that is more popular than Apple isn't selling its new iPhone rival in the US

Huawei won't be selling its latest flagship devices, the Mate 20 and Mate 20 Pro smartphones, in the US. That's because the company is locked out of the US market thanks to... Read more ...

Razer Phone 2 Review: A Good Gaming Phone Looking to Break Out

Razer Phone 2 Review: A Good Gaming Phone Looking to Break Out

The Razer Phone 2 offers good performance, excellent audio and a 120-Hz display, but the phone's camera still needs work. Read more ...

Official: Xiaomi Mi MIX 3 to support 960fps slow motion video

Official: Xiaomi Mi MIX 3 to support 960fps slow motion video

On October 25th, Xiaomi will release its new smartphone, Xiaomi Mi MIX 3, in Beijing. Through the series of leaks, rumors, and official confirmations, we have a good idea of... Read more ...

Apple AirPods go $37 off list in rare one day only Best Buy deal

Apple AirPods go $37 off list in rare one day only Best Buy deal

Apple has “more” products “in the making”, starting with a long overdue iPad Pro upgrade. But that may not be all that the Cupertino-based tech giant is planning to unveil at a... Read more ...

Facebook looking to improve security by acquiring a company specialized in...

Facebook looking to improve security by acquiring a company specialized in the field

Recently, Facebook suffered a major security breach, exposing around 50 million user accounts. That was just one of the mishaps that put the company under fire from users and... Read more ...

Honor Magic 2 teaser puts YoYo AI in focus, triple camera, Kirin 980

Honor Magic 2 teaser puts YoYo AI in focus, triple camera, Kirin 980

OPPO and Vivo may have seemingly given up on the elevating camera design but two of their rivals are taking it for another yet different spin. Huawei sub-brand Honor is marking... Read more ...

Oppo R15x is official, is essentially a K1 with 128 GB storage

Oppo R15x is official, is essentially a K1 with 128 GB storage

Oppo K1 arrived two weeks ago with a waterdrop notch. The phone kept appearing under a different model name on Geekbench and finally arrived today at the company website as... Read more ...

Xiaomi Mi MIX 3 to support faster wireless charging

Xiaomi Mi MIX 3 to support faster wireless charging

Chinese manufacturing giant, Xiaomi, is set to unveil its upcoming flagship smartphone, Xiaomi Mi MIX 3. This smartphone will arrive on October 25 but until now, we are still... Read more ...