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

11 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...
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Comcast floats 'superior' $65 billion bid for Fox

Comcast floats 'superior' $65 billion bid for Fox

11 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...
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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

11 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,”...
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Comcast offers to buy Fox media assets for $65 billion in cash

11 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 .
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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

11 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.
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Fox shares pop ahead of expected Comcast bid

11 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.
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