Comcast


Liberty Global unconcerned whether Fox or Comcast take control of Sky

Liberty Global is “not bothered” about whether 21st Century Fox or Comcast gains control of Sky in the UK, according to the international cable operator’s CEO Mike Fries. Speaking to CNBC, Fries said that Liberty both competed and partnered with Sky in the UK and said that the market was “healthy and vibrant” and competitive. […]

Comcast raises Sky bid to £26bn as UK government approves Fox takeover

Comcast has raised its cash offer for Sky to £26 billion after 21st Century Fox’s cash bump to £24.5 billion (€27.7 billion) earlier this week. The latest move in the bidding war for Sky comes as the UK government finally gave a green light to Fox’s takeover of the UK pay TV operator. The offer […]

Comcast lines up regional sports network buyers in Fox battle

Comcast is lining up potential buyers for 21st Century Fox regional sports networks (RSNs) in an attempt to ease antitrust concerns about a new bid to acquire the majority of Fox’s assets, according to Reuters. The media giant is talking to private equity firms, including Apollo Global Management and Blackstone Group LP, about acquiring the […]

Sky bidding war in prospect as Fox set for green light

21st Century Fox is expected to receive a green light from culture secretary Matt Hancock to take control of Sky this week, triggering a potential bidding war for the UK-based pay TV operator with Comcast. Hancock’s clearing of the deal is expected to conditional on Fox selling Sky News – most likely to Disney – […]

Fox sets date for Disney vote as investor calls for Comcast to be given chance

21st Century Fox has called a special meeting of stockholders on July 27 to vote on Disney’s amended merger offer for the bulk of Fox’s assets. The Fox board has recommended that shareholders vote in favour of the amended agreement. However, shareholder The Children’s Investment Fund Management (TCI) has reportedly called on Fox chairman Rupert […]

US Department of Justice clears Disney bid for Fox assets

The US Department of Justice (DoJ) has approved Disney’s bid for Fox assets, so long as it divests 21st Century Fox’s 22 regional sports networks. A lawsuit was filed by the DoJ’s Antitrust Division to block the acquisition if the mouse house did not divest Fox’s sports assets. Approval was granted once Disney agreed to […]

Fox says Comcast deal would ‘carry more regulatory risk’

21st Century Fox has said that a deal with Comcast would carry more regulatory risk than one with Disney, even in the wake of the failed US Department of Justice attempt to block the merger of AT&T and Time Warner. In an SEC filing that outlined 21st Century Fox’s board’s reasons for recommending Disney’s revised […]

Sky independent committee welcomes EC Comcast approval

Sky’s independent committee has welcomed the European Commission’s decision at the end of last week to clear Comcast’s proposed acquisition of Sky. The EC concluded on Friday that the deal would realise no competition concerns in Europe. The Commission concluded that Comcast and Sky are “mainly active in different markets” in the countries in which […]

Comcast makes firm US$65bn bid for Fox assets

As widely expected, Comcast has made a firm bid for 21st Century Fox’s TV and studio assets following a US court’s rejection of the US Department of Justice’s case against the merger of AT&T and Time Warner. The US cable and media giant has offered US$35 a share in cash for Fox, a 19% premium […]

US judge accepts AT&T Time Warner merger without conditions

A US Federal judge has ruled that AT&T’s US$85 billion acquistion of Time Warner is legal, without placing any conditions on the merger of the telecom and media giants. Shares in Time Warner jumped on the news. US District Court judge Richard Leon urged the US government not to seek a stay in implementing the […]

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