Comcast Bids $65 Billion For Most Of 21st Century Fox
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By: Jill Disis, CNN
(CNN Money) — Comcast is going all-in to win 21st Century Fox.
The company on Wednesday formalized a $65 billion all-cash bid for most of Fox. It’s a dramatic attempt to thwart Disney, which reached a $52.4 billion deal in December for the same film and TV assets.
Comcast’s move comes one day after a federal judge ruled that AT&T could buy Time Warner. The Justice Department had sued to stop the deal. (CNN is a unit of
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