Comcast confirms plans for 21st Century Fox offer, outbidding Disney

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(Telecompaper) Comcast has confirmed it’s preparing a bid for much of 21st Century Fox that would beat Disney’s earlier offer of USD 52.4 billion. The company did not disclose the terms of its expected bid, but said it would be all cash, rather than the shares offered by Disney, and cover the same assets, excluding the Fox network and cable channels. 
Source: Industry News (syndicated from Telecompaper.com)

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