Disney ups its bid for Fox to counter Comcast

Disney ups its bid for Fox to counter Comcast

6 years ago
Anonymous $cyhBy-qkd5

https://phys.org/news/2018-06-disney-ups-fox-counter-comcast.html

Disney announced that it signed an amended acquisition agreement with Fox with the new terms, which improves upon an original Disney bid made in December of $66.1 billion, including debt.

Shareholders who accept stock are not expected to pay taxes, Disney said. Murdoch and his sons Lachlan and James are major shareholders of Fox.