Comcast says considering all-cash offer to buy Fox assets

Image
Reuters
Last Updated : May 23 2018 | 5:55 PM IST

(Reuters) - Comcast Corp on Wednesday confirmed that it is considering and is in advanced stages of preparing an offer for the businesses that Twenty-First Century Fox has agreed to sell to Walt Disney Co.

"While no final decision has been made, at this point the work to finance the all-cash offer and make the key regulatory filings is well advanced," Comcast said in a statement.

(Reporting by Sonam Rai in Bengaluru; Editing by Bernard Orr)

Disclaimer: No Business Standard Journalist was involved in creation of this content

More From This Section

First Published: May 23 2018 | 5:45 PM IST

Next Story