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Comcast lining up buyers for Fox sports assets: sources

Reuters 

By Carl O'Donnell and Greg Roumeliotis(Reuters) - Comcast Corp is identifying potential buyers for Twenty-First Century Fox Inc's regional sports networks in an attempt to ease antitrust concerns about a new bid to acquire most of Fox's assets, people familiar with the matter told Reuters.Comcast hopes that preparing now for such divestitures will ease Fox's concerns over potential antitrust risks and boost the chances of its bid disrupting Fox's agreed $71 billion cash-and-stock deal to sell the assets to Walt Disney Co, the sources said on Monday.Last month, the U.S. Department of Justice ...

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First Published: Mon, July 09 2018. 21:52 IST
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