Comcast Will Bid for Fox on Wednesday If AT&T-Time Warner Deal Is Approved
We could be on the verge of witnessing one of the most expensive and important bidding wars in the history of the entertainment landscape. Disney and 21st Century Fox announced a $52 billion deal in December that will see the Mouse House acquire the vast majority of the company’s assets. However, Comcast wants in on the action and, despite the fact that Fox isn’t officially fielding new offers, Comcast has been prepping an all-cash offer valued at $60 billion to challenge Disney for those very same assets....