Disney increases bid for Murdoch's Fox assets
Disney increases bid for Murdoch's Fox assets
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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
