Tag Archives: Disney 21st Century Fox deal

21st Century Fox Outbids Comcast to Acquire Remainder of Sky

21st Century Fox has just increased their bid to obtain the 61% stake of Sky that they don’t already own. 21st Century Fox and Sky have announced that they’ve reached agreement on an increased recommended pre-conditional cash offer for the fully diluted share capital of Sky which they do not already own at a price […]

Disney Wins Antitrust Approval on 21st Century Fox Acquisition

UPDATE 1:00 p.m.: The U.S. Department of Justice (DOJ) has cleared Disney’s acquisition of 21st Century Fox. The following details are directly from The Walt Disney Company’s release that was issued immediately following the clearance. The DOJ has entered into a consent decree with Disney and 21st Century Fox that allows the acquisition to proceed […]

Disney Responds to Comcast’s Bid for 21st Century Fox Assets with Significant Increase

The Walt Disney Company has just raised its bid to purchase the majority of 21st Century Fox for $71.3 billion. This new bid amounts to $38 per share in cash and stock. Disney will also assume approximately $13.8 billion of net debt of 21st Century Fox. The acquisition price carries a total equity value of […]

Antitrust Chief Comments on Disney, Fox’s ‘Surgically’ Designed Deal

As Fox investors prepare for a July 10th vote on The Walt Disney Company’s acquisition of 21st Century Fox properties and Comcast may attempt to outbid them with a larger cash offer, some remarks from Makan Delrahim of the U.S. Department of Justice’s antitrust division may lend a clue as to how the finale to […]

Walt Disney Company Seeks Financing In Case Fox Insists On Cash

Last week, we reported that Comcast confirmed their intention of outbidding Disney for 21st Century Fox with an all-cash offer. We’ve just learned [from CNBC] that Disney is currently in the process of lining up financing for “significant cash” should it become necessary to supplement or change up their existing stock-only offer. Disney is reportedly considering […]

James Murdoch Will Not Be Joining Disney If Fox Deal Closes

Disney’s acquisition of 21st Century Fox assets is not set in stone yet, especially considering reports of a Comcast attempt to outbid them circulating, but if the deal does go through it appears that James Murdoch will not be part of the transition. Up until this point, it had been expected that James would be […]

Comcast Has Intentions of Throwing a $60 Billion All-Cash Offer for Fox

Back in February, we reported that Comcast could outbid Disney for Fox. According to many sources this morning, Comcast is now in the process of preparing a $60 billion all-cash bid to knock Disney out of the running on its deal to acquire most of Twenty-First Century Fox’s assets as long as the U.S. government […]