Thursday 21 June 2018
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7 days ago

Comcast outbids Disney with $65 billion offer for Fox assets

Comcast on Wednesday offered $65 billion for key film and television assets of Rupert Murdoch s 21st Century Fox, topping an offer from Walt Disney Co. for a deal that could create a dominant media-entertainment power. The move by Comcast, which is the largest US cable provider and also owns the NBCUniversal media group, opens up a new round of competition for the prized assets being shed by the Murdoch family empire. The deal, if approved, would merge Comcast-owned Universal Studios and the NBC televis

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