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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









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