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Stoopkid

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Oct 27, 2017
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Comcast, CNBC's owner, could also consider topping Disney's bid for Fox, according to people familiar with the matter. No decision has been made by Comcast on a topping bid yet, said the people, who asked not to be named because the decision is private. Disney is already preparing itself for a Comcast topping bid and considering responses in case, according to multiple people familiar with Disney's thinking.

An unsolicited offer at a premium to Disney's bid could persuade enough Fox shareholders to vote against Murdoch. His family controls 39 percent of Fox's Class B voting shares but owns only 17 percent of all outstanding shares. Comcast executives suggested to Murdoch last year they would be willing to pay significantly more for Fox's assets than what Disney was offering, said the people. Murdoch still went with the Disney offer, in large part due to regulatory concerns with Comcast.

Article https://www.google.com/amp/s/www.cn...l-stalled-big-media-helps-netflix-amazon.html
 
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