Wednesday, May 23, 2018

Comcast prepares to top Disney’s $52bn bid for 21st Century Fox

US pay TV giant, which is mounting separate bid for Sky, is in ‘advanced stages’ of putting together all-cash offer

Comcast has confirmed it is preparing to top Disney’s $52bn (£39bn) bid for 21st Century Fox.

The US pay TV giant, which is also mounting a separate £22bn bid to take control of Sky, said it is in “advanced stages” of preparing an all-cash offer for the entertainment and broadcast assets that Fox has agreed to sell to Disney.

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from Mergers and acquisitions | The Guardian https://ift.tt/2khg7tD

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