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Comcast bids $65 billion for 21st Century Fox
Posted on 6/13/18 at 3:53 pm
Posted on 6/13/18 at 3:53 pm
quote:
Comcast bids $65 billion for 21st Century Fox assets
Comcast, the parent of CNBC, offered Fox shareholders $35 a share in cash and 100 percent of the shares of the company left behind after the deal.
The deal is a 19 percent premium to the value of Disney's offer as of noon on Wednesday.
The announcement comes one day after a federal judge cleared the way for AT&T's megadeal for Time Warner, a decision that is expected to unleash a wave of big mergers.
The bid, announced Wednesday, represents a 19 percent premium to Disney's offer. Comcast, the parent of CNBC, offered $35 a share in cash.
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5
Posted on 6/13/18 at 4:01 pm to RLDSC FAN
Personally I hope they win. Give someone other than Disney a share of the Marvel Universe.
Posted on 6/13/18 at 4:06 pm to RLDSC FAN
either way this is not good.
Posted on 6/13/18 at 4:11 pm to RLDSC FAN
motherfricker
Posted on 6/14/18 at 2:10 am to RLDSC FAN
100 percent of the shares of the company left behind after the deal.
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What does that mean exactly ?
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What does that mean exactly ?
Posted on 6/14/18 at 8:38 am to RLDSC FAN
Expected. And something that could really start to squeeze ESPN if Comcast runs up the price on Disney (which is already happening)
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