Comcast drops pursuit of 21st Century Fox assets, ending bidding war with Disney

Comcast drops pursuit of 21st Century Fox assets, ending bidding war with Disney

5 years ago
Anonymous $hM_jrxqbr-

https://www.cnbc.com/2018/07/18/comcast-drops-pursuit-of-its-bid-for-21st-century-fox-assets.html

Comcast said Thursday it would not pursue its bid to buy assets of Twenty-First Century Fox, choosing to focus on its offer for Britain's Sky.

Shares of Comcast jumped 2.9 percent in premarket trading, while shares of Fox fell 1.2 percent.