6 years ago
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Comcast preparing to announce bid for Fox on Wednesday if AT&T-Time Warner is approved, sources say
Comcast will formalize its all-cash offer to acquire most of Twenty-First Century Fox on Wednesday if U.S. District Court Judge Richard Leon approves AT&T's deal for Time Warner on Tuesday, according to people familiar with matter. Comcast, which owns CNBC parent company NBCUniversal, has already publicly acknowledged its plans to compete with Disney on an acquisition of Fox assets, including Fox's movie studio, the Nat Geo and FX networks, regional sports channels, and stakes in Hulu...
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Just what we need, more megacorp mergers.