• Comcast, Disney Enjoy Wall Street Spike Over Battle for Fox

    5 monthes ago - By The Wrap

    The three companies at the heart of Hollywood's latest mega-merger all enjoyed big days on Wall Street, with shares of Comcast, Disney, and 21st Century Fox spiking on Thursday.
    Fox - the target of dueling bids from Comcast and Disney - added to its recent run, jumping 2.11 percent to $44.58 a share on Thursday. Disney, which offered the original $52.4 billion all-stock offer for Fox in December, also increased 2.3 percent to $108.75 a share.
    But the big winner on the day was Comcast. The telecom giant jumped more than 4.5 percent to $33.82 a share, one day after the company submitted a...
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  • Fox Hunt: Disney, It's Your Move

    5 monthes ago - By Deadline

    Few people in Hollywood or on Wall Street expect the Walt Disney Co. to meekly surrender 21st Century Fox to media rival Comcast, though the Burbank entertainment giant has been deafeningly silent on its next move.
    Comcast submitted its highly anticipated $65 billion counter offer for much of Fox's film and television assets, besting Disney's all-stock bid by $10 billion. The Philadelphia-based media conglomerate turned up the heat by appealing directly to Fox's...
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