Comcast preparing new cash bid for Fox media assets – report

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(Telecompaper) US cable operator Comcast is seeking new financing to launch an all-cash bid for the media assets that 21st Century Fox has agreed to sell to Disney, three people familiar with the matter told Reuters. The expansion in its media assets is seen as an effort to compete with AT&T, if the latter is successful in its takeover of Time Warner.
Source: Industry News (syndicated from Telecompaper.com)

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