• Comcast Bows Out of Fox Bidding War With Disney

    1 month ago - By Screen Rant

    The Disney and Fox merger is finally cleared to proceed after Comcast drops out of the bidding war to acquire the Murdoch family-owned company. Rumblings about the House of Mouse looking to buy Fox had been going on for quite some time before it was officially announced back in December. It wasn't a walk in the park for Bob Iger and his team considering they've faced several competitors, but nothing as persistent as the Philadelphia-based telecommunications conglomerate. The bidding war between the two companies only heated up when the AT&T/Time Warner buyout was approved by the Department...
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  • Disney Chief Bob Iger's Response to Comcast Bowing Out of Fox Sweepstakes: ‘Holy Crap'

    Disney Chief Bob Iger's Response to Comcast Bowing Out of Fox Sweepstakes: ‘Holy Crap'

    1 month ago - By The Wrap

    Those Fox assets are all yours, Disney. On Thursday, rival bidder Comcast bowed out of the 21st Century Fox sweepstakes, news which seemed to catch Disney chief Bob Iger by surprise.
    David Faber said on Thursday that when he called Iger to talk about the Comcast announcement, the CNBC reporter actually broke the news to the Disney CEO.
    Iger replied, “Holy crap,” Faber said.
    The head of the Mouse House added that this was an exciting development and that Disney will be working on the regulatory approvals to acquire pretty much everything Fox owns outside of news, sports and the broadcast...
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  • Official: Comcast Ends Pursuit of Fox, Leaving Disney Deal a Go

    Official: Comcast Ends Pursuit of Fox, Leaving Disney Deal a Go

    1 month ago - By Coming Soon

    Official: Comcast ends pursuit of Fox, leaving Disney deal a go
    Comcast Corporation today issued the following statement regarding its pursuit of the assets Twenty-First Century Fox has agreed to sell to The Walt Disney Company. The company has announced it will end its pursuit of the Fox assets:
    “Comcast does not intend to pursue further the acquisition of the Twenty-First Century Fox assets and, instead, will focus on our recommended offer for Sky.”
    Brian L. Roberts, Chairman and CEO, Comcast Corporation, said, “I'd like to congratulate Bob Iger and the team at Disney and commend the...
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  • Disney Chief Bob Iger's Response to Comcast Dropping Out of Fox Sweepstakes: ‘Holy Crap'

    1 month ago - By The Wrap

    Fox is all yours, Disney. On Thursday, rival bidder Comcast bowed out of the 21st Century Fox sweepstakes, which seemed to catch Disney chief Bob Iger by surprise.
    CNBC's David Faber reported on Thursday that he called Iger to talk about the Comcast announcement and actually broke the news to the Disney CEO. Iger replied, “Holy crap,” Faber said.
    Iger added that this was an exciting development and that his company will be working on the regulatory approvals to acquire most of Fox's assets, per the CNBC reporter.
    Also Read: Comcast Ends Pursuit of Fox, Will Focus on Sky
    Comcast says it...
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  • Comcast Officially Bows Out Of Fox Race Leaving Disney Free To Acquire The X-MEN And FANTASTIC FOUR

    1 month ago - By Comic Book Movie

    Well, the X-Men, Fantastic Four, Deadpool and countless other film and television properties! Regardless, Comcast is officially out of the race and Disney is now free and clear to acquire 21st Century Fox.
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