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Comcast jumps after crashing Disney's attempt to buy 21st Century Fox assets

11 days ago   |   By Business Insider

Comcast is surging after it proposed an all-cash deal to buy 21st Century Fox assets.
The offer's price tag tops the recent deal proposed by Disney.
Jefferies analyst John Janedis says the deal is financially accretive and that Fox won't be able to resist.
Watch Comcast trade in real time here.
Comcast shares are up 3% Thursday after the company proposed an all-cash offer for 21st Century Fox assets.
Comcast offered 21st Century Fox $65 billion in cash for its production assets and movie franchises , topping Disney's $52 billion stock offer for those same assets. The television giant made...
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AT&T and Time Warner Merger Goes Through and Comcast Makes a $65 Billion Bid FOX

AT&T and Time Warner Merger Goes Through and Comcast Makes a $65 Billion Bid FOX

11 days ago   |   By GeekTyrant

The merger between AT&T and Time Warner has been in the process of being investigated to make sure it doesn't break antitrust laws, but Richard Leon, a federal judge, has officially approved the merger. Warner Bros. and DC Comics are part of Time Warner's assets, which means this could potentially have an impact on all the upcoming DC movies including Aquaman, Shazam!, and Wonder Woman 1984. The Wizarding World, The Lego Movie, Legendary's “Monsterverse”, and more are also included in the deal. This merger also opens up doors for other companies. One of the big reasons Comcast wasn't...
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Comcast Outbids Disney, Offers $65 Billion In Cash For Fox

11 days 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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