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Disney 'Succeed' in bid for Fox Assets

Comcast drop offer (July 2018)

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DVB Cornwall 19 July 2018 3:32pm

JUST IN: Comcast drops its $65 billion bid for 21st Century Fox, ceding a major bidding war to Disney https://t.co/3wWOWopIfq pic.twitter.com/hkWyvlheLk
— CNN (@CNN) July 19, 2018

There may be further counter offers but I think it's 90pct+ done now.

:-(

A former member 19 July 2018 3:36pm

Instead its going after SKY UK.

DVB Cornwall 19 July 2018 3:40pm

Can't see Fox selling it's majority stake to Comcast now. If there's a delay then Fox will be Disney's anyway.

BM11 19 July 2018 7:56pm

Seems like its all a gentleman's agreement that the entire of Sky UK will go to Comcast.

:-(

A former member 19 July 2018 9:56pm

Fox will be laughing all the way to the bank since its pushed the price up to an eye watering level, if there do sell to Comcast.

Rkolsen 20 July 2018 8:09am

623058 posted:

Fox will be laughing all the way to the bank since its pushed the price up to an eye watering level, if there do sell to Comcast.

Yup. Comcast raised the price to the Disney purchase and slightly to themselves for Sky.