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[-]  13-06-18 22:03

Comcast has formally announced its plan to make Rupert Murdoch even wealthier
Comcast’s new $65 billion bid for some of 21st Century Fox will force Disney to raise its own bid. Comcast has spent the past few weeks telling everyone it was going to compete with Disney for a big chunk of Rupert Murdoch’s media empire.
Now it is making it formal: It is offering $65 billion, cash. That’s $35 a share — what it describes as a 19 percent premium over Disney’s bid.
As we’ve noted multiple times, this offer has been telegraphed for a long time. A couple of weeks ago, Co...

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