Comcast offers to buy Fox media assets for $65 billion in cash

(Reuters) – Comcast Corp (CMCSA.O) on Wednesday offered $65 billion for the businesses Twenty-First Century Fox (FOXA.
O) had already agreed to sell to Walt Disney Co (DIS.N), a day after AT&T (T.
N) won approval to buy Time Warner (TWX.N).
A sign is shown at the entrance to Fox Studios in Los Angeles, California, U.S.
June 13, 2018. REUTERS/Mike BlakeComcast confirmed last month that it was preparing a higher all-cash offer than Disney’s $52 billion all-stock deal for Fox’s media assets, but had been awaiting the outcome of the court hearing on the AT&T deal before bidding formally.
Fox in December agreed to sell its film, television and international businesses to Disney. .


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