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 […]
Tag: Walt Disney Co.
Blockbuster: Disney to expand empire with Fox tie-up
by Luc Olinga with Rob Lever in Washington Agence France-Presse NEW YORK, United States (AFP) — Walt Disney Co. agreed Thursday to buy key film and television assets of 21st Century Fox, in a $52.4 billion deal that bolsters the media-entertainment powerhouse’s challenge to Netflix and emerging rivals in the streaming wars. The blockbuster stock transaction also vastly reduces the Fox media empire built by Rupert Murdoch, leaving the 86-year-old tycoon and his two sons […]





