Share | RSS | Widgets | Home

[-]  13-06-18 22:17

Boy Genius Report
Comcast makes offer to buy 21st Century Fox, less than 24 hours after AT&T-Time Warner deal is approved
At not-quite-5PM yesterday, a judge rejected the Department of Justice's bid to prevent AT&T and Time Warner from merging, in effect giving the final stamp of approval to a deal that will see AT&T gain an enormous and valuable content library. Comcast was widely expected to make a bid on 21st Century Fox if the deal was approved, and this afternoon, it did.
The deal offers $35 per share for 21st Century Fox in cash, a bid that the company says is a "19 percent" premium over a bid that D...

Read the full article on Boy Genius Report »
Facebook TwitterGoogle+

« Back to Feedjunkie.com