The Mouse Strikes Back: Disney counters Comcast’s offer for Fox with $71bn cash-stock bid

Disney today (June 20) announced a counter-offer to acquire 21st Century Fox totaling $71bn in cash and stocks.
This bid came as a response to a bid made by Comcast weeks before to purchase the media group in a $65bn, all cash. Disney had initially made the first call for the Murdoch-owned company at a bid of $58.7bn back in December 2017.
Disney stated in an amended merger agreement: “Disney would acquire those businesses on substantially the same terms, except that, among other things, D