It looks like Fox is one step closer to completing the sale of its assets, as the company has officially accepted the latest, and largest offer from Disney. Earlier this morning, The Walt Disney Company made an updated offer of $71.3 billion to purchase 21st Century Fox , topping the $65 billion bid…
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21st Century Fox submitted a proposal to the UK's competition authority Tuesday to sell Sky News to The Walt Disney Company if it would help ease regulators' concerns over media plurality. Why it matters: Fox currently owns 39% of Sky and is looking to acquire majority ownership to give its…
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Comcast said on Monday it had abandoned its bid for most of the assets of Twenty-First Century Fox , leaving Walt Disney as the sole suitor in pursuit of the $40 billion-plus deal. "When a set of assets like Fox's becomes available, it is our responsibility to evaluate if there is a strategic fit…
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