Business Standard

The wooing of Rupert Murdoch

Whether Comcast gets 21st Century Fox or Disney gets it, the game is about to change irrevocably for Star India

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Vanita Kohli-Khandekar
Rupert Murdoch, 87, must be very flattered. It isn’t every day that you have some of the world’s largest media firms fighting over a business you’ve built over six decades. 

On June 13, the $84.5 billion Comcast Corporation, the world's second largest media firm (Alphabet, Google’s owner is the largest) offered $65 billion, in cash, to buy the assets that the Murdoch-controlled 21st Century Fox was on the verge of selling to The Walt Disney Company. 

Within a week, on June 20, the $55.1 billion Disney announced that it had signed an amended acquisition agreement with 21st Century Fox. This
Disclaimer: These are personal views of the writer. They do not necessarily reflect the opinion of www.business-standard.com or the Business Standard newspaper

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