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OT: BREAKING: Comcast makes $65 billion all-cash bid for Fox
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OT: BREAKING: Comcast makes $65 billion all-cash bid for Fox
https://variety.com/2018/biz/news/comcas...202844736/

Philadelphia cable giant Comcast said Wednesday that it offered $65 billion for the bulk of 21st Century Fox’s TV and studio assets, topping a previous $52.4 billion bid for the properties by Walt Disney Company and likely setting off a bidding war between two media giants.


But a deal would bolster Comcast in similar fashion, adding new heft to its Universal movie production operations, its NBC Sports unit, and its cable programming operations, among other properties. And a win would lend Comcast new momentum in its quest to grow after AT&T was granted permission Tuesday to complete its $85.4 billion purchase of Time Warner.
06-13-2018 03:37 PM
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OT: BREAKING: Comcast makes $65 billion all-cash bid for Fox - KnightLife - 06-13-2018 03:37 PM



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