Disney, Instagram, Dixons Carphone: Everything that matters this morning
Fox set to accept Disney’s improved offer
Disney is set to win the ongoing bidding war for 21st Century Fox after it upped its offer to more than £54bn – a huge jump from its previous £39.8bn – for the entertainment company.
The new bid trumps its rival Comcast’s £49.4bn hostile offer tabled last week. Fox said in a statement the new Disney deal “is superior to the proposal” made by the American cable company earlier this month.
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