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Comcast ponders new bid for 21st Century Fox: US media

The report comes as Disney works to complete a $66.1 billion acquisition of part of Rupert Murdoch’s empire

Gulf News

WASHINGTON: US cable company Comcast, which in December dropped an attempt to acquire 21st Century Fox, is considering relaunching that bid even though Walt Disney Co. has reached a deal, the Wall Street Journal reported.

The report, based on sources close to the matter, comes as Disney works to complete a $66.1 billion (Dh242.8 billion) acquisition of part of Rupert Murdoch’s empire. If approved by antitrust authorities, Fox would add the 20th Century Fox film company, British satellite television giant Sky and American video streaming platform Hulu to Disney’s portfolio.

According to the Journal, Comcast’s revival of its bid may be influenced by Fox publishing a proxy statement indicating the “general process that led up to sealing a deal.” (AFP)

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