• Comcast's Fox Bid Throws Wrench Into Disney's Merger Management Plans

    5 monthes ago - By Variety

    Call it a big plot twist in the second act of a compelling corporate drama. Comcast's $65 billion competing all-cash bid for 21st Century Fox adds a fresh layer of complexity and uncertainty for staffers on the studio's Century City lot who were already bracing for big changes with the pending sale of key assets...
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  • Comcast Makes $65 Billion All-Cash Bid for Fox

    5 monthes ago - By Variety

    Philadelphia cable giant Comcast said Wednesday that it offered $65 billion for the bulk of 21st Century Fox's TV and studio assets, topping a previous $52.4 billion bid for the properties by Walt Disney Company. The aggressive maneuver, if successful, would marry the NBC broadcast network and the Universal movie studio with the FX cable...
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  • Media Stocks Churned by Comcast's Move to Outbid Disney for 21st Century Fox Assets

    5 monthes ago - By Variety

    Comcast's announcement of a $65 billion bid for 21st Century Fox entertainment assets - 19% higher than Disney's offer - roiled media stocks anew in after-hours trading Wednesday. Fox shares rose as much as 1.6% after the market closed, after already shooting up 7.7% in regular trading Wednesday as investors anticipated a Comcast-Disney bidding war....
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