Fox agreed to Disney’s offer for the company’s film, television and international businesses in December 2017. Fox shareholders are set to vote on the Disney offer later this summer, though no official date has been set.
Comcast offered to acquire most of Fox’s assets for $64 billion in November 2017 in an all stock deal. Comcast CEO Brian Roberts reportedly will only proceed with the new all-cash bid if a federal judge approves AT&T’s $85 billion bid for Time Warner.
“It all depends on the AT&T and Time Warner deal,” Brian Wieser, an analyst at Pivotal Research, told Reuters. “If that goes through, it is highly possible there will be more than one bid for Fox.”
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