Home / Uncategorized / Comcast makes $65 billion offer for 21st Century Fox assets as bidding war with Disney heats up (FOXA, CMCSA, DIS)

Comcast makes $65 billion offer for 21st Century Fox assets as bidding war with Disney heats up (FOXA, CMCSA, DIS)

comcastREUTERS/Rick Wilking

Comcast has officially bid $65 billion for 21st Century Fox, topping Disney‘s $52 billion offer. 
The proposal comes one day after a court approved AT&T’s $85 billion merger with Time Warner.

Comcast made its highly-anticipated bid for 21st Century Fox official, offering $65 billion for the company excluding the Fox News and Fox Business channels.

The bid, $35 per share in cash, is roughly 24% higher than Disney’s previous offer of $52 billion for the company’s production assets and movie franchises.See the rest of the story at Business Insider

NOW WATCH: Why so many fast food logos are red

See Also:

The 30 rudest cities in America, where manners are basically a foreign conceptShare your opinion — Become a BI Insider todayA dentist shares 5 at-home teeth whitening products actually worth buying

SEE ALSO: 


Read more: feedproxy.google.com

About scalptur

Check Also

Verify: Move over sweet tea! Is champagne the best drink with Texas BBQ? – WFAA.com

Verify: Move over sweet tea! Is champagne the best booze with Texas BBQ ? WFAA.com …

Leave a Reply

Your email address will not be published. Required fields are marked *