Comcast makes $65 billion offer for Fox properties, including Hulu stake
In Summary : Comcast today made a $65 billion offer to buy major portions of 21st Century Fox, setting up a potential bidding war with Wa...
https://updatesinfosec.blogspot.com/2018/06/comcast-makes-65-billion-offer-for-fox.html
In Summary :
Comcast today made a $65 billion offer to buy major portions of 21st Century Fox, setting up a potential bidding war with Walt Disney Company.
Disney already struck a $52.4 billion all-stock deal to buy the Fox properties, but Comcast announced that it is making an all-cash offer to "provide [Fox] shareholders with certain value and immediate liquidity."
The offer comes one day after a judge rejected the Trump administration's attempt to block AT&T's purchase of Time Warner Inc. The ruling suggests that Trump's Department of Justice wouldn't be able to stop a Comcast/Fox deal. [...]
kindly refer the following link as follow up :
https://arstechnica.com/?p=1331397
Comcast today made a $65 billion offer to buy major portions of 21st Century Fox, setting up a potential bidding war with Walt Disney Company.
Disney already struck a $52.4 billion all-stock deal to buy the Fox properties, but Comcast announced that it is making an all-cash offer to "provide [Fox] shareholders with certain value and immediate liquidity."
The offer comes one day after a judge rejected the Trump administration's attempt to block AT&T's purchase of Time Warner Inc. The ruling suggests that Trump's Department of Justice wouldn't be able to stop a Comcast/Fox deal. [...]
kindly refer the following link as follow up :
https://arstechnica.com/?p=1331397
