Comcast readies all-cash gatecrash of $52 billion Disney-Fox deal

US cable operator planning a major bid for parts of 21st Century Fox, setting up a battle with Disney

Comcast is asking investment banks to increase a bridge financing facility by as much as $60 billion so it can make an all-cash offer for the media assets that Twenty-First Century Fox has agreed to sell to Walt Disney for $52 billion, three people familiar with the matter said on Monday.

Comcast Chief Executive Brian Roberts only plans to proceed with the bid if a federal judge allows AT&T’s planned $85 billion acquisition of Time Warner to proceed, the sources said. The US Department of Justice has opposed the AT&T-Time Warner deal over antitrust concerns, and a decision from US District