Comcast said to plan cash deal to beat Disney for Fox assets

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The decision there will greatly influence Comcast's ability to make a run at the assets that 21st Century Fox plans to sell in its $52.4 billion deal with Disney, namely the 20th Century Fox studio, FX Networks, regional sports cablers, and National Geographic Worldwide channels.

Comcast has also been inquiring with bankers about the potential for financing of an all-cash bid for Disney, should the conditions be favorable in the AT&T-Time Warner ruling, as first reported by Reuters.

Disney has committed to share buybacks to give some cash to Fox shareholders. Comcast offered a higher price than Disney for the assets originally, according to Fox filings, but Disney's bid was chosen due to regulatory concerns. "However, should we chase whatever while our stock is still at such levels, even though situation can always adjust, I think it is un likely that we'd use Comcast shares as a medium of exchange for a trade". Indeed, now Comcast is offering 22 billion pounds (about $30 billion) to acquire 61 percent ownership of Sky. Like Disney, Comcast sought to buy Fox's entertainment networks, movie studios, television production and global assets, the filing shows. It is not clear how receptive he would be to an all-cash offer by Comcast. Like Disney, Comcast sought to buy Fox's entertainment networks, movie studios, television production and worldwide assets, the filing shows.

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Amazon also made attempts to have the Walmart-Flipkart transaction derailed since its success will fortify Flipkart. SoftBank still hasn't decided how much of its 20-21% holding in Flipkart it will sell and when.

Disney CEO Bob Iger once called Sky the "crown jewel" of the transaction. Fox owns most of the rest.

Comcast, owner of NBC and Universal Pictures, has also made a 22 billion pound (S$40.1 billion) offer to acquire the 61 per cent stake in European pay-TV group Sky Plc that Fox does not already own. The Roberts family controls Comcast through a dual-class stock structure. While Disney is preparing for that coming war by building its own streaming service, Murdoch wanted to cash out (and presumably return his interests to being a news empire, as he is rumored to long regret spinning off NewsCorp., the original name of his corporation that happened to purchase Fox).