You are here: Home » International » News » Companies
Business Standard

Comcast said to be considering renewed bid for Fox assets: Sources

The Murdoch family, which controls Fox, preferred a deal with Disney because it would rather be paid in Disney than Comcast stock

Anjali Athavaley Jessica Toonkel | Reuters 

Comcast Corp is considering a new offer for Rupert Murdoch’s Twenty-First Century Fox assets, despite an agreement in December to sell them to Walt Disney Co for $52.4 billion, according to people familiar with the matter. Comcast’s deliberations indicate that it believes it still has a chance to clinch a deal with Fox, even though it previous bid last year for more than $60 billion was rejected over concerns that regulators worried about media consolidation could thwart it, the sources said. Comcast may decide not to make any new offer, the sources said. Its ...

This article is no longer available in our repository.

There could be multiple reasons for this.

First Published: Tue, February 13 2018. 00:03 IST
RECOMMENDED FOR YOU