trending Market Intelligence /marketintelligence/en/news-insights/trending/s3ds2cdlyrbck3yyauryla2 content esgSubNav
In This List

Report: Comcast may announce Fox bid June 13

Blog

Broadcast deal market recap 2021

Blog

Volume of Investment Research Reports on Inflation Increased in Q4 2021

Blog

Price wars in India: Disney+ Hotstar vs. Amazon Prime Video vs. Netflix

Blog

Using ESG Analysis to Support a Sustainable Future


Report: Comcast may announce Fox bid June 13

Comcast Corp. expects to formally submit an all-cash offer for 21st Century Fox Inc.'s assets June 13 if AT&T Inc. wins court approval for its proposed acquisition of Time Warner Inc., sources told CNBC in a June 11 report.

The AT&T/Time Warner case has long been seen as an indicator of how the U.S. Justice Department might treat other media and communications deals. The Justice Department in November 2017 filed a lawsuit to stop the combination of AT&T and Time Warner.

Comcast in late May said it was in advanced stages of drafting an offer to purchase the assets that Fox had previously agreed to sell to Walt Disney Co. in an all-stock transaction. One source told CNBC that Comcast advisers and executives believe Disney shares could fall if the AT&T/Time Warner deal wins court approval as investors brace for a bidding war. A drop in stock price would lower the value of Disney's all-stock offer, furthering the difference between Comcast's expected all-cash bid.