Comcast Fight's for Fox

Jun 14, 2018
1 min read

A federal judge has clear the purchase of Time Warner by AT&T.
Now Comcast has put in a bid to purchase Twenty-First Century Fox at a cost of $65B US.
On May 7, 2018, Comcast announced a potential bid against Disney's effort to acquire Fox after it spoke to investment banks about making a $60 billion cash offer, pending on approval of the AT&T-Time Warner merger.
On May 15, several Fox investors expressed interests in inking a deal with Comcast due to their all-cash offer as opposed to Disney's $52.2 billion stock offer.
Comcast Corporation is an American global telecommunications conglomerate headquarterered in Philadelphia, Pennsylvania.
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