https://mobile.reuters.com/article/amp/idUSKBN1I82I7?__twitter_impression=true
(Reuters) - Comcast Corp is speaking to investment banks about obtaining bridge financing for an all-cash bid to displace Walt Disney Co on its $52 billion deal to acquire most of Twenty-First Century Fox Inc's assets, three people familiar with the matter said on Monday.
The move is the first concrete step that Comcast is taking to upend Disney's deal with Fox. Comcast has already made a 22 billion pound ($30 billion) offer to acquire the 61 percent stake in European pay-TV group Sky Plc that Fox does not already own.
Comcast is asking investment banks to increase the bridge financing facility they have already arranged for the Sky offer by as much as $60 billion to finance the Fox bid, the sources said.
(Reuters) - Comcast Corp is speaking to investment banks about obtaining bridge financing for an all-cash bid to displace Walt Disney Co on its $52 billion deal to acquire most of Twenty-First Century Fox Inc's assets, three people familiar with the matter said on Monday.
The move is the first concrete step that Comcast is taking to upend Disney's deal with Fox. Comcast has already made a 22 billion pound ($30 billion) offer to acquire the 61 percent stake in European pay-TV group Sky Plc that Fox does not already own.
Comcast is asking investment banks to increase the bridge financing facility they have already arranged for the Sky offer by as much as $60 billion to finance the Fox bid, the sources said.