Tag Archives: Comcast

Comcast Ends Bidding War with Disney Over 21st Century Fox


In December of 2017, The Walt Disney Company announced they had entered into an agreement to acquire Twenty-First Century Fox for $52.4 billion in stock. This deal became muddled when the Comcast Corporation tried to undermine the deal by placing a $65 billion all-cash bid on the table. This set off a bidding war between […]


Fox Shareholder Looks to Prevent Disney Acquisition; Files Lawsuit


On Friday in a Delaware federal court, Robert Weiss, a Fox shareholder, filed a lawsuit opposing Disney’s proposed purchase of the majority of 21st Century Fox. The Walt Disney Company finalized the deal with Fox back in December which has the potential to reshape Hollywood as we know it. According to The Hollywood Reporter, executives […]


Sky Executive Steps Down with Disney or Comcast Deal Looming


The Walt Disney Company and Comcast have an ongoing bidding war over Sky, a European broadcasting network. According to The Telegraph, the current chief strategy and commercial officer of Sky, Mai Fyfield, is now leaving the network as the deal with either of the two U.S. companies is imminent. Fyfield joined the network in 1999 […]


Shareholders at Both Disney and Fox Set to Vote on $71 Billion Offer


Update — 7/21/18: Disney has confirmed the reported date and time on their investor relations site, and announced that the meeting will be webcast live, beginning at the 10am scheduled start time. According to filings with the Securities and Exchange Commission, both The Walt Disney Company and 21st Century Fox have scheduled shareholder meetings on July […]


SEC Filing Reveals That Fox Found Disney a Safer Bet Than Comcast to Pass Regulation


A United States Security and Exchange Commission filing on Monday revealed that 21st Century Fox deemed Disney more suitable to pass regulation than Comcast when weighing their options in the current bidding war. The filing stated that Fox believed a deal with The Walt Disney Company would ultimately be consummated after regulatory approvals, but that Comcast would […]


Pending Fox Board Meeting Decision Disney Will Likely Boost Offer with Cash


The battle between Disney and Comcast over Twenty-First Century Fox continues. According to CNBC, in response to Comcast’s recent $65 billion cash offer, Disney is expected to proceed with plans to raise their all-stock offer with cash in hopes of securing the bid. This Wednesday Fox board members will decide on whether they want to move […]


Fox Board to Consider Comcast Offer During Wednesday Meeting


21st Century Fox board members will discuss the recent $65 billion Comcast bid for their assets at a regularly scheduled meeting next week, according to Bloomberg sources. Comcast put forth the bid on June 13th, one day after a federal judge approved AT&T’s acquisition of Time Warner. Fox owner Rupert Murdoch had chosen the $52.4 […]


Comcast Makes $65 Billion Bid for Fox to Undermine Disney Deal


As was expected, given yesterday’s approval by a federal judge of AT&T’s acquisition of Time Warner, Comcast has just placed a $65 billion all-cash bid on 21st Century Fox assets, approximately 19% higher than The Walt Disney Company’s current $52 billion deal with the company. Prior to the December 2017 joint announcement by Disney and […]


Judge Approves AT&T/Time Warner Deal, Comcast Bid for Fox Likely to Follow


A federal judge has ruled today that AT&T’s $85 billion acquisition of Time Warner may proceed without conditions, according to Reuters. This ruling will not only have significant implications for the future of major technology and media providers, but may directly influence The Walt Disney Company’s acquisition of 21st Century Fox assets, as a larger […]


Will Disney or NBC Universal Get Sky Properties As Fox and Comcast Start Bidding War?


The Gist: Disney’s deal to acquire a majority of 21st Century Fox and a share of Sky Network is under UK regulatory review Fox plans to takeover Sky Network and sell it to pass the UK regulatory review UK culture minister approved Fox buying Sky, but stated Fox must sell Sky News to a third party […]