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Disney ups its bid for Fox to counter Comcast

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AFP Washington

Disney sweetened its bid for 21st Century Fox today, raising it to USD 71.3 billion in cash and stock to counter a rival bid from Comcast.

Disney's amended offer of USD 38 per share comes a week after Comcast, the largest US cable provider and owner of NBCUniversal, bid USD 65 billion for prized 21st Century Fox assets being shed by Rupert Murdoch's family empire.

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First Published: Jun 20 2018 | 6:40 PM IST

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