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According toThe Hollywood Reporter, Rupert Murdoch is considering selling21st Century Fox’s assets toComcastif the price is right. The WaltDisneyCompany had originallybid $52 billion, but then Comcast planned todisrupt that dealwith an all-cash offer.
Reportedly, Fox Owner Rupert Murdoch is not set on selling to the Mouse House:
“Rupert, like his shareholders in Fox, are now fully aligned and simply want the best possible outcome, meaning the most dollars, whether that’s cash or cash and stock. He wants to maximize value and is not simply focused on Disney. And so, I think this is a real opening for Comcast to come in with a very significant premium bid to where Disney is now.”
Also read:‘Avengers 4’ Reshoots To Take Place This Summer
Comcast’s motivation for purchasing Fox’s assets is to improve its international foundation:
“If Universal, on the other hand, combines with Fox, then you have a real competitor from a movie standpoint with Disney.”
Disney CEO Bob Igerremains confidentthat the acquisition deal with Fox will be completed.
Reilly Johnson
Articles Published :412
Reilly Johnson is a businessman and a staple in the online entertainment community contributing to some of the largest entertainment pages in the world. Currently, Reilly is the President of FandomWire.
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