Trending
Heat Index
TRENDING
Posts Tagged ‘Comcast’
Most Recent
 
Read More
19. Juli 2018

Comcast Bows Out of Competition for Fox, CEO Congratulates Disney as Bidding War Ends

After a summer of back-and-forth bids between Comcast and Disney for select entertainment assets owned by 21st Century Fox, Comcast today confirmed that it is bowing out of the bidding war for Fox. The company says the move is to instead focus on acquiring European satellite TV provider Sky, another much-sought-after entertainment company that is seeing interest from the likes of Comcast, Fox, and Disney (via Variety).

For the purchase of 21st Century Fox, this means that Disney is now expected to finally win the bid and close out the acquisition deal in the near future. The most recent steps in that process saw Disney and Fox agree to a $71.3 billion cash and stock [...]

 
Read More
20. Juni 2018

Disney Outbids Comcast for Fox’s Assets With $71.3 Billion Cash and Stock Deal

21st Century Fox and the Walt Disney Company today announced a new deal that increases the value of Disney’s original December 2017 offer from $28 a share at $52.4 billion to $38 a share at $71.3 billion, with a new cash component. This agreement „is superior to the proposal“ from Comcast made earlier this month, according to an unnamed representative speaking for Fox (via The Wall Street Journal).

Additionally, the new Fox-Disney deal states that Fox shareholders will be able to receive their consideration „in the form of cash or stock,“ subject to 50/50 proration. The updated deal comes six months after Disney first announced [...]

 
Read More
13. Juni 2018

Comcast Outbids Disney for Fox’s Assets With $65 Billion All-Cash Offer

Just a day after a U.S. District Judge approved the upcoming merger between AT&T and Time Warner, Comcast has submitted a bid for 21st Century Fox’s TV and film assets, reports CNBC.

Comcast has presented Fox with an all-cash offer at $35 per share for a total of $65 billion, which beats out Disney’s stock-based $52.4 billion deal. 21st Century Fox has already moved forward on a deal with Disney, but Comcast is aiming to change the minds of Fox’s board members. From the letter sent to Fox’s board by Brian Roberts, Comcast CEO.

So, we were disappointed when 21CF decided to enter into a transaction with The Walt Disney [...]

1
 
Read More
23. Mai 2018

Comcast Confirms Plans to Outbid Disney for Fox’s Assets With ‚Superior‘ All-Cash Offer

Last December, The Walt Disney Company outlined plans to acquire 21st Century Fox and a collection of its subsidiaries for $52.4 billion in stock. Those plans have been under regulatory scrutiny for months and have yet to be finalized, and now Comcast has confirmed it is in „advanced stages“ of sending Fox a „superior“ all-cash offer in hopes of besting Disney’s all-share offer (via Bloomberg).

Previous reports about Comcast’s potential bid also referenced an all-cash deal, and put an estimate above Disney’s to as much as $60 billion in cash from Comcast for the designated Fox assets. Comcast’s press release today does [...]

Top 10 This Year
Most Views
 
1
Happy April Fools‘ Day 2018: T-Mobile Re-Launches ‚Sidekicks‘, Roku Streaming Socks, Brew...
 
2
Classic ‚Macintosh‘ Painting by Andy Warhol Estimated to Fetch Up to $30,000 at Auction Next Month
 
3
CES 2018: Satechi Announces 75W USB-C Multiport Travel Charger
 
4
Bericht: Auftragsfertiger beliefert Apple mit ersten HomePods
 
5
WWDC 2018 Dates Possibly June 4-8 at San Jose Convention Center
 
6
TouchArcade Goes Hands-On With Valve’s Steam Link App: ‚This is the Killer App for iOS Devices&...
 
7
Bill Gates: Apple ist „großartiges Unternehmen“
 
8
Apple Shares First Series of HomePod Ads With Focus on Music
 
9
iDevices Launches HomeKit-Compatible Wireless ‚Instant Switch‘
 
10
Apple’s AirPower Wireless Charging Mat Could Be Available to Buy Next Month