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Comcast Makes A $65bn All-Cash Bid For 21st Century Fox


NEW YORK (CelebrityAccess) — Just a day after a Federal Court ruling cleared the way for the multi-billion dollar Time-Warner by telecom giant AT&T, another such company, Comcast, announced a $65 billion bid to acquire parts of 21st Century Fox.

On Wednesday, Comcast announced the cash offer of $35 dollars per share for 21st Century Fox’s assets, which it says is superior to an all-stock bid posed by Disney for the same assets which was valued at $52 billion.