Comcast offers $65 billion to lure Fox from Disney bid

14 Jun

Comcast offers $65 billion to lure Fox from Disney bid

Comcast Corp (CMCSA.O) offered $65 billion on Wednesday to lure Twenty-First Century Fox Inc (FOXA.O) away from a merger with Walt Disney Co (DIS.N), setting up a bidding war between two of the largest U.S. media companies with its 20 percent higher offer.

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