Comcast is in the advanced stages of preparing all-cash bid for Fox assets

Comcast is in the advanced stages of preparing all-cash bid for Fox assets

6 years ago
Anonymous $CLwNLde341

https://www.cnbc.com/2018/05/23/comcast-in-advanced-stages-of-preparing-all-cash-bid-for-fox-assets.html

Comcast said Wednesday it is in "advanced stages of preparing" a "superior" all-cash offer for the parts of Twenty-First Century Fox that Rupert Murdoch's company has agreed to sell to Walt Disney.

The terms of the bid would be at least as favorable to Fox shareholders as Disney's offer, and would top the value of the deal with Disney, Comcast said in a release. No final decision has been made.