In the battle for Twenty-First Century Fox, Comcast blinks

In the battle for Twenty-First Century Fox, Comcast blinks

6 years ago
Anonymous $hM_jrxqbr-

https://phys.org/news/2018-07-twenty-first-century-fox-comcast.html

Comcast had been fiercely dueling with Disney for Twenty-First Century Fox assets, but on Thursday said that it would not raise its $66 billion offer for the company.

The withdrawal leaves the path open for The Walt Disney Co. to buy the Twenty-First Century Fox assets with its latest offer of $71 billion. The Department of Justice has okayed Disney's bid as long as it sells 22 regional sports networks. Fox shareholders are set to vote on Disney's offer July 27.

In the battle for Twenty-First Century Fox, Comcast blinks

Jul 19, 2018, 4:56pm UTC
https://phys.org/news/2018-07-twenty-first-century-fox-comcast.html > Comcast had been fiercely dueling with Disney for Twenty-First Century Fox assets, but on Thursday said that it would not raise its $66 billion offer for the company. > The withdrawal leaves the path open for The Walt Disney Co. to buy the Twenty-First Century Fox assets with its latest offer of $71 billion. The Department of Justice has okayed Disney's bid as long as it sells 22 regional sports networks. Fox shareholders are set to vote on Disney's offer July 27.