Comcast mulls another bid for 21st Century Fox: 4 things to know

Comcast Corp. is contemplating another offer to 21st Century Fox, a source familiar with the matter told Bloomberg.

Here are four things to know about the potential bid.

1. The news comes two months after Fox agreed to a deal with Walt Disney.

2. Comcast had extended a $60 billion offer for several of Fox's assets, Bloomberg reports. Disney offered $52 billion to Fox, which the company accepted.

3. The source said Comcast is contemplating many options in another bid, but has not decided whether to extend an offer or not.

4. Fox's shares rose up to 3.5 percent in premarket trading Monday, according to the report.

More articles on business:
Amazon's new delivery service will compete with FedEx, UPS: 3 things to know
Twitter reports net profit for first time: 3 things to know
Qualcomm rejects Broadcom's $121B offer: 3 things to know

Copyright © 2024 Becker's Healthcare. All Rights Reserved. Privacy Policy. Cookie Policy. Linking and Reprinting Policy.

 

Featured Whitepapers

Featured Webinars

>