• Disney Prevails In Hunt For Fox As Comcast Drops Bid

    2 monthes ago - By NPR

    Disney is poised to take over most of the entertainment assets of 21st Century Fox. The new mega-studio is to compete with streaming giants Netflix and Amazon. A fight still looms over Sky.
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  • Comcast lets Disney win the 21st Century Fox bidding war

    Comcast lets Disney win the 21st Century Fox bidding war

    2 monthes ago - By Fast Company

    The fight over Fox is finally ending.
    For months, Comcast and Disney have been embroiled in a bidding war over Twenty-First Century Fox. The two had competing visions of what they'd do with the company. Most recently, Disney bid $71 billion, and all eyes were on Comcast to see what it would do.
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  • Comcast Drops Out Of Bidding War With Disney For 21 Century Fox Assets

    Comcast Drops Out Of Bidding War With Disney For 21 Century Fox Assets

    2 monthes ago - By Huffington Post

    The corporation will instead focus on its offer to acquire 61 percent of European media company Sky.
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  • Comcast concedes to Disney in bidding war for Fox assets

    2 monthes ago - By Reuters

    Comcast Corp dropped its $66-billion bid for Twenty-First Century Fox Inc's entertainment assets on Thursday and said it would press on with its bid for European broadcaster Sky Plc , which Fox partly owns.
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  • Comcast is jumping after saying it's no longer pursuing Fox assets

    Comcast is jumping after saying it's no longer pursuing Fox assets

    2 monthes ago - By Business Insider

    Comcast is jumping after saying it's not pursuing 21st Century Fox assets.
    Instead, it will focus on winning another bidding between itself, Disney, and Fox, for British broadcaster Sky TV.
    Watch Comcast trade in real time here.
    Comcast shares are jumping as much as 3% to more than $35 apiece Thursday, after the company said it will back out of what became an intense bidding war for 21st Century Fox assets .
    Instead it will focus on yet another battle it's in with 21st Century Fox and Disney over British broadcaster Sky.
    21st Century Fox had agreed to sell many of its subsidiaries...
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  • Comcast drops its pursuit of Fox, making way for Disney acquisition

    2 monthes ago - By Tech Crunch

    Comcast announced this morning that it's halting its efforts to acquire the film and television assets of 21st Century Fox.
    Disney made a deal to acquire those assets last year, but after a district court judge approved the merger of AT&T and Time Warner (despite the antitrust-related objections of President Trump's Department of Justice), Comcast announced another, higher bid .
    That, in turn, prompted Disney to make an even higher offer of $71.3 billion. With Comcast dropping out, it seems like this bid will go through - if it can get regulatory approval.
    Comcast says that instead of...
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  • What you need to know in advertising today

    What you need to know in advertising today

    2 monthes ago - By Business Insider

    Comcast said Thursday that it no longer intends to pursue its acquisition of some 21st Century Fox assets, handing Disney a victory in their bidding war.
    The cable provider said it would instead focus on its fight with Fox for the British broadcaster Sky .
    Comcast had entered a bidding war with Disney for some of 21st Century Fox's assets excluding the Fox News and Fox Business channels. Disney raised its offer on June 20 for the assets to $38 a share, or a total of $71.3 billion in cash and stock.
    To
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  • Comcast Pulls Offer for Fox Assets, Ending Bidding War With Disney

    2 monthes ago - By NY Times

    The cable and broadband giant had been locked in a battle with the Walt Disney Company for the bulk of Rupert Murdoch's Fox empire.
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  • Comcast is jumping after saying it's no longer pursuing Fox assets

    Comcast is jumping after saying it's no longer pursuing Fox assets

    2 monthes ago - By Business Insider

    Comcast is jumping after saying it's not pursuing 21st Century Fox assets.
    Instead, it will focus on winning another bidding between itself, Disney, and Fox, for British broadcaster Sky TV.
    Watch Comcast trade in real time here.
    Comcast shares are jumping as much as 3% to more than $35 apiece Thursday, after the company said it will back out of what became an intense bidding war for 21st Century Fox assets .
    Instead it will focus on yet another battle it's in with 21st Century Fox and Disney over British broadcaster Sky.
    21st Century Fox had agreed to sell many of its subsidiaries...
    Read more ...

     

  • In the battle for Twenty-First Century Fox, Comcast blinks

    2 monthes ago - By Chron

    NEW YORK - In a battle among media giants for control of Twenty-First Century Fox's entertainment business, Comcast has blinked.
    The cable and media company said Thursday that it is dropping its bid, instead focusing on its pursuit of the European pay-TV operator Sky. Fox owns 39 percent of Sky and has also been trying to buy the 61 percent it doesn't own.
    Comcast had been fiercely dueling with Disney for Twenty-First Century Fox assets, but on Thursday said that it would not raise its $66 billion offer for the company.
    The withdrawal leaves the path open for The Walt Disney Co. to buy the...
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  • Comcast Ends Its Bidding War With Disney for 21st Century Fox

    Comcast Ends Its Bidding War With Disney for 21st Century Fox

    2 monthes ago - By Fortune

    The bidding war between Comcast and Disney in pursuit of 21st Century Fox is now over.
    On Thursday, the cable giant Comcast decided not to move forward with a counter-offer to Disney's most recent $71.3 billion bid for Fox's movie studio responsible for Avatar and X-Men , along with Fox's regional sports networks and cable channels like FX and National Geographic.
    Comcast shares shot up 2.1% premarket shortly after dropping from the race for 21st Century Fox.
    “Comcast does not intend to pursue further the acquisition of the 21st Century Fox assets and, instead, will focus on our...
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  • Comcast changes course, says it will pursue slow-growing Sky instead of other Fox assets

    2 monthes ago - By Philly

    Comcast's decision seemed in harmony with those of many analysts who hoped that Fox, Comcast, and Disney would back off a bidding war over Murdoch's entertainment empire. But settling for slow-growing Sky is a defeat for Comcast, which is looking for ways to grow and compete with the online streamer Netflix.
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  • Comcast scraps Fox bid amid takeover battle with Disney

    2 monthes ago - By Reuters

    ** Shares of Twenty-First Century Fox and UK's Sky dip after Comcast says abandons bid for Fox assets
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  • Comcast drops pursuit for Fox assets, to focus on Sky offer

    2 monthes ago - By Reuters

    Comcast Corp has dropped its pursuit of a group of media assets owned by Twenty-First Century Fox Inc on which it was bidding against Walt Disney , and instead focus on its offer for European pay-TV group Sky Plc .
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  • Comcast drops out of the $71 billion bidding war for 21st Century Fox assets, handing Disney victory

    Comcast drops out of the $71 billion bidding war for 21st Century Fox assets, handing Disney victory

    2 monthes ago - By Business Insider

    Comcast announced on Thursday that it was no longer pursuing its bid to buy some of 21st Century Fox's assets.
    This ended a bidding war it had entered with Disney for the assets, which exclude the Fox News Channel and Fox Business Network.
    Comcast said Thursday that it no longer intended to pursue its acquisition of some 21st Century Fox assets, handing Disney a victory in their bidding war.
    The cable provider said it would instead focus on its offer for Sky.
    Comcast had entered a bidding war with Disney for some of 21st Century Fox's assets excluding the Fox News and Fox Business...
    Read more ...

     

  • Comcast is dropping out of the race to acquire some of Twenty-First Century Fox's assets

    2 monthes ago - By Business Insider

    Comcast said Thursday that it no longer intended to pursue its acquisition of Twenty-First Century Fox assets.
    The company said it would instead focus on its offer for Sky.
    This story is developing.
    Read more ...