Comcast Makes $65 Billion All-Cash Bid For Fox

Media monolith Comcast still is n’t quick to let Disney have Fox , making an offer for the company that easily tops the House of Mouse . Fox has been the subject of an ongoing bidding war between the two companies since even before the December announcement thatDisney and Fox had get to a dealfor the former to acquire a large serving of the latter ’s plus . While Fox would keep back things like the Fox program meshing , Fox Sports , and Fox News - with design to spin out those off into a new small troupe called only New Fox - Disney would suck Fox ’s movie and TV studio , as well as transmission line networks like FX , and Fox ’s stakes in streaming service Hulu .

understandably , acquiring all of those Fox plus would be a huge win for any fellowship big enough to afford the purchase , so it ’s really not arduous to see why Comcast is so dead set on add up out on top in this fight with Disney . Comcast already possess NBC Universal , and adding every huge film , television show , and franchise Fox controls to their already massive imperium would outright vault Comcast into the stratosphere when it comes to Hollywood player . The same can sure as shooting be said for Disney , although among lover , the big factor leading to most supporting Disney in this battle is that them winning would permit Fox ’s Marvel character to come home to the have intercourse arms of Marvel Studios .

Related:Disney & Fox Deal May Be Finalized By Summer 2019

Now , Varietyreports that Comcast has formally made a $ 65 billion all - cash command for Fox , a huge saltation upward from Disney ’s current $ 52.4 billion all - stock offer for the caller ’s plus . This move had been expected , especially after yesterday ’s last governmental approving of thehuge merger between AT&T and Time Warner . Fox previously schedule ashareholder meeting on July 10,which would see them take a vote on whether to carry on with the sales agreement to Disney . With Comcast ’s huge new offer , a monkey twist may have been thrown into the works .

Of course , just because Comcast has attempted to be a spanner in the works of Fox ’s sales agreement to Disney , does n’t intend it ’ll matter in the prospicient run . While Comcast ’s offer will sure enough be alluring , it ’s crucial to note thatComcast actually outbid Disney in the first place , have a $ 60 billion all - stock go deep last year . Still , Fox decide to move forrad with Disney , for various reasons . Plus , if Disney is truly interested that this young all - Johnny Cash offer introduce a job , there ’s nothing stopping them fromtopping it with their own even better all - cash proposal .

As mentioned above , while it may seem weird to " root for " one giant sensitive conglomerate over another in a potential commercial enterprise transaction , the fact that Disney ’s leverage would eventually get theX - Men , Fantastic Four , and Deadpool under the MCU umbrellaensures that the world at large will preserve to support Disney over Comcast . It also does n’t help that Comcast - one of the largest transmission line company out there - is in general despised for things like constant rate hike and hapless customer service . Whether the potential bad P.R. of selling to Comcast over Disney will matter to Fox stockholder remains to be seen . For now , if the vote still happens on July 10 , it ’ll light up a quite a little .

Ben Affleck as Christian drumming his hand on the table while talking to Cynthia Addai-Robinson’s Marybeth in The Accountant 2