Comcast Bids $65 Billion Bid for 20th Century Fox, Jeopardizing Disney Deal
Comcast has officially submitted a $65 billion offer for 20th Century Fox’s assets, which the company has alreadyagreed to sell to Disney. This comes as expected given that a federal judge hasruled in favor of the AT&T merger with Time Warner, which is valued at more than $85 billion. With that deal approved, Comcast believes their purchase of Fox’s media assets has a much better chance of being approved, so they’ve now put in their unsolicited offer for the Rupert Murdoch owned company....