Breaking News, Latest Philippines Headlines, World, Entertainment, Politics, Weather & Video News
by John Biers © Agence France-Presse NEW YORK, United States (AFP) – US antitrust regulators on Wednesday conditionally approved Walt Disney’s proposed $71.3 billion purchase of key 21st Century Fox assets, boosting the chances for the tie-up to create a new media-entertainment powerhouse. The US Department of Justice approved the deal subject to Disney selling 22 regional sports networks now owned by Fox. The news moves Disney’s proposed buyout one step closer to completion after the […]
by Rob Lever with John Biers Agence France-Presse NEW YORK, United States (AFP) — Disney raised its offer for key assets of 21st Century Fox on Wednesday to $71.3 billion to counter a rival bid from Comcast in the latest move in a bidding war that could create a dominant player in the media-entertainment world. The move by Walt Disney Co. comes a week after Comcast, the largest US cable provider and owner of the […]
Comcast on Wednesday offered $65 billion for key film and television assets of Rupert Murdoch’s 21st Century Fox, topping an offer from Walt Disney Co. for a deal that could create a dominant media-entertainment power. The move by Comcast, which is the largest US cable provider and also owns the NBCUniversal media group, opens up a new round of competition for the prized assets being shed by the Murdoch family empire. The deal, if approved, […]
WASHINGTON, United States (AFP) — US cable company Comcast, which in December dropped an attempt to acquire 21st Century Fox, is considering relaunching that bid even though Walt Disney Co. has reached a deal, the Wall Street Journal reported. The report, based on sources close to the matter, comes as Disney works to complete a $66.1 billion acquisition of part of Rupert Murdoch’s empire. If approved by antitrust authorities, Fox would add the 20th Century […]
