Comcast gives up on buying 21st Century Fox assets and leaves Disney as the winner
https://www.theverge.com/2018/7/19/17590058/comcast-21st-century-fox-bid-withdrawn-disney-rights
Comcast has formally withdrawn its competing $65 billion bid to acquire 21st Century Fox, ceding the rights to the entertainment company to Disney’s upped $71.3 billion offer. Comcast says it will instead shift all focus to its ongoing efforts to acquire Europe’s Sky instead.
Per an official statement from the company, “Comcast does not intend to pursue further the acquisition of the Twenty-First Century Fox assets and, instead, will focus on our recommended offer for Sky.”
Comcast gives up on buying 21st Century Fox assets and leaves Disney as the winner
Jul 19, 2018, 1:18pm UTC
https://www.theverge.com/2018/7/19/17590058/comcast-21st-century-fox-bid-withdrawn-disney-rights
> Comcast has formally withdrawn its competing $65 billion bid to acquire 21st Century Fox, ceding the rights to the entertainment company to Disney’s upped $71.3 billion offer. Comcast says it will instead shift all focus to its ongoing efforts to acquire Europe’s Sky instead.
> Per an official statement from the company, “Comcast does not intend to pursue further the acquisition of the Twenty-First Century Fox assets and, instead, will focus on our recommended offer for Sky.”