mo4ch:>Disney increases bid for Murdoch's Fox assets - Mo4ch News

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mo4ch:>Disney increases bid for Murdoch's Fox assets

Disney increases bid for Murdoch's Fox assets


Disney increases bid for Murdoch's Fox assets







  • 20 June 2018










An image of Mickey Mouse, the official mascot of The Walt Disney Company, is displayed outside the Disney Store in Times Square, December 14, 2017 in New York City.Image copyright
Getty Images



Disney has increased its offer for 21st Century Fox to $71.3bn in cash and shares, up from an earlier $52bn offer.

The move values Fox at $38 a share, some $10 higher than Disney's first offer in December.

Disney is locked in a battle with US media conglomerate Comcast, which has offered $65bn in cash for Fox.

"The acquisition of 21st Century Fox will bring significant financial value to the shareholders of both companies," said Disney boss Robert Iger.




Source : BBC News - Business

Disney increases bid for Murdoch's Fox assets


Disney increases bid for Murdoch's Fox assets

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