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LoginComcast, the American cable TV and broadband network service provider, is working hard to expand its media assets。
June 13,Comcast makes $65 billion all-cash offer,Acquisition of Twenty-First Century Fox,This is 19% higher than the current value of Walt Disney’s previous all-stock offer,Set up the arena for the bidding war。
This offer from Comcast,US regulators approved AT on June 12&Proposed one day after T acquired Time Warner for US$85 billion。Comcast CEO Brian Roberts said,He is very confident that regulators will approve his acquisition。
According to the Financial 188bet online sports betting Times report on June 14,Comcast says,will be paid to Fox shareholders for $35 per share in cash,Acquisition of Fox’s film and television studio、Cable Entertainment Television Network、Internet streaming company Hulu,39% stake in some affiliated international companies such as Star India and Pan-European Sky Media。
Also mentioned in the above report,Roberts said,Comcast’s offer exceeds 19% of current value of Disney’s offer。Dealogic,This is also the largest all-cash offer ever。And,Fox has $13.5 billion in net debt on its books。
Media companies and communications companies are competing to consolidate,And Netflix、Rising technology groups such as Google compete for market share。
Comcast owns NBC and Universal Pictures。21st Century Fox is a global media empire created by media tycoon Rupert Murdoch。Foreign media generally believe that,The fight for Fox is a bidding war between Comcast CEO Brian Roberts and Disney CEO Robert Iger。
According to Reuters report on June 13,Fox and Comcast merge,Will create a stable company with well-known media 188bet Online Sports Betting and Casino brands and franchises,Includes Super Heroes X-Men、Longevity TV series The Simpsons、Also U.S. rights to the Olympics and Premier League soccer。
Fox Sports and News Properties,Includes Fox News、Fox Business Network and Fox Sports, etc.,will be spun off into a new company。
According to Reuters,Fox’s board of directors now has to decide whether Comcast’s offer beats Disney’s,If Fox thinks Comcast is better,Disney will have 5 working days to respond。
However,Tax expert tells Reuters,The Murdoch family owns 17% of Fox stock,If Comcast’s all-cash offer is accepted,Will face billions of dollars in capital gains taxes。Therefore,Comcast wants to win the favor of the Murdoch family,Not that easy。
Fox said in a statement,Fox shareholders will vote on Disney’s previous offer on July 10,But the company may also postpone the meeting。
Also mentioned in the above report,Comcast、Fox and Disney shares were little changed in after-hours trading。
The Financial Times said,What analysts and investors think,Disney is likely to make a higher offer。
188bet app Wen LaiSource: The Paper, Author:Chengtianmeng,OriginalTitle:《USD 65 billion!Comcast All Cash Offer Fox,19% higher than Disney》.
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