Disney raises bid for Fox assets to $71.3 billion in cash and stock, topping Comcast

Disney raises bid for Fox assets to $71.3 billion in cash and stock, topping Comcast

6 years ago
Anonymous $cyhBy-qkd5

https://www.cnbc.com/2018/06/20/disney-raises-bid-for-fox-assets-to-38-a-share.html

Walt Disney Co. raised its bid for Twenty-First Century Fox's movie and television assets to $71.3 billion, the companies announced on Wednesday.

The new deal is $38 a share, up from Disney's $28 a share offer in December, and rivaling Comcast's $35 a share all-cash bid last week. Comcast's deal is valued at $65 billion.