Comcast Offers All-Cash Bid To Fox

  • 6 years ago

(Reuters) - Comcast Corp (CMCSA.O) offered $65 billion on Wednesday to lure Twenty-First Century Fox Inc (FOXA.O) away from a merger with Walt Disney Co (DIS.N), saying its all-cash bid was about 19 percent higher and launching the first salvo in what could be a bidding war between two of the largest U.S. media companies. Comcast Chief Executive Brian Roberts said he was highly confident regulators would allow a Comcast-Fox deal after AT&T Inc’s (T.

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