Comcast ends bidding war with Disney for Fox, will focus on Sky - CNET (page 2)

Comcast has formally withdrawn its competing $65 billion bid to acquire 21st Century Fox, ceding the rights to the entertainment company to Disney’s upped $71.3 billion offer. Comcast says it will instead shift all focus to its ongoing efforts to acquire Europe’s Sky instead. Per an official statement from the company, “Comcast does not intend to pursue further the acquisition of the Twenty-First Century Fox assets and, instead, will focus on our recommended offer for Sky.” Nothing is standing in Disney’s way now Disney first announced its bid for Fox’s assets — which include the movie studio 20th Century Fox, the company’s TV production arm 20th Century Fox Television, Fox-owned cable networks (including FX and National Geographic),... Continue reading…

Comcast ends bidding war with Disney for Fox, will focus on Sky - CNET

Fox has already agreed to Disney's $71.3 billion offer for its entertainment assets.

Thu 19 Jul 18 from CNET Cutting Edge

Comcast drops its pursuit of Fox, making way for Disney acquisition

Comcast announced this morning that it’s halting its efforts to acquire the film and television assets of 21st Century Fox. Disney made a deal to acquire those assets last year, but after ...

Thu 19 Jul 18 from TechCrunch

Comcast scraps Fox bid amid takeover battle with Disney

** Shares of Twenty-First Century Fox and UK's Sky dip after Comcast says abandons bid for Fox assets

Thu 19 Jul 18 from Reuters Technology

Comcast gives up on buying 21st Century Fox

The dance between Disney, Fox and Comcast has been complicated over the past few months, but it got a little simpler today. Comcast announced that it is withdrawing its offer to buy ...

Thu 19 Jul 18 from Engadget

Comcast drops pursuit for Fox assets, to focus on Sky offer

Comcast Corp said it dropped its pursuit of a group of media assets owned by Twenty-First Century Fox Inc on Thursday and will focus on its offer for European pay-TV group Sky Plc .

Thu 19 Jul 18 from Reuters Technology

Disney wins bidding war for Fox assets, as Comcast to focus on Sky

Comcast is abandoning the bidding war with Disney to acquire Twenty-First Century Fox assets including its movie and TV studios, and stake in streaming service Hulu.        

Thu 19 Jul 18 from USA today

Comcast reportedly won't try to top Disney's $71.3B bid for Fox - CNET

The company will focus on bidding for Sky television instead.

Mon 16 Jul 18 from CNET Cutting Edge

Comcast ups Sky bid to $34 billion, escalating battle with Rupert Murdoch - CNET

They don't want to be out-Foxed.

Thu 12 Jul 18 from CNET

Fox raises Sky bid to $32 billion undercut Comcast - CNET

The battle for Rupert Murdoch's media empire continues.

Wed 11 Jul 18 from CNET


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