Fox shareholder urges Rupert Murdoch to give Comcast time to beat Disney's bid

Fox shareholder urges Rupert Murdoch to give Comcast time to beat Disney's bid

6 years ago
Anonymous $cyhBy-qkd5

https://www.cnbc.com/2018/06/28/fox-shareholders-to-vote-on-disneys-offer-on-july-27.html

TCI Fund Management, a large Twenty-First Century Fox shareholder, has urged Fox executive chairman Rupert Murdoch to give Comcast a chance to top Walt Disney's $71 billion offer to buy most of Fox’s assets, according to a letter reviewed by Reuters.

Twenty-First Century Fox shareholders will vote on Disney's revised offer on July 27, the companies said. Disney shareholders will vote on the deal on the same day.

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