Reuters:Comcast prepares all-cash bid to gate-crash Disney-Fox deal - sources

Smokeymicpot

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Oct 25, 2017
2,534
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.
 

Disco

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Oct 25, 2017
8,647
All cash bid god damn.

Do it the scarface way at the fox corporate offices lol:
 

SupremeWu

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Dec 19, 2017
2,856
Content and recognizable IP is the best investment these days, they're smart to go all-in.
 

Deleted member 19218

User requested account closure
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Oct 27, 2017
4,323
Will the world be run by one big giant super company in the future that bought out all the little companies?

it's not a serious question, maybe
 

BoosterDuck

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Oct 25, 2017
1,681
oh god no I don't want the Inhumans pushed on me anymore quick Disney use your Infinity Gauntlet
 

Cybersai

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Jan 8, 2018
11,631
Fuck off, Comcast.

I just want Disney to get back all their superheroes and Simpsons, and Alien and Predator and True Lies and and then eventually buy MGM and DC as well.
 

TheMadTitan

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Oct 27, 2017
16,010
Good, cause more chaos. No one should be allowed to buy Fox; Comcast and Disney don't need to be any bigger.
 

Dio

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Oct 25, 2017
6,253
well, it's not like disney cant easily outbid them. we'll see what happens in the coming months/years.
 

Ploid 6.0

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Oct 25, 2017
11,929
Cool, Disney owning everything would be worse. Maybe Disney could buy xmen or something, but it will only make Disney way too big if they get Fox. They may be too big as it is.
 

lupinko

Member
Oct 26, 2017
6,154
Isn't Disney helping Murdoch with the Sky deal?

Unless Comcast can help Murdoch with that, their buy in has to woo the Murdochs too right? Because don't Rupert and his sons have the controlling interest in 21st Century Fox?

Edit: I just read it, they're trying to throw in helping the acquisition with Sky too. But from a business perspective, the Disney merger is smarter considering how NBC Universal is ran compared to Disney.
 

vivftp

Member
Oct 29, 2017
8,522
Good, cause more chaos. No one should be allowed to buy Fox; Comcast and Disney don't need to be any bigger.
Well there was that very early rumor that Sony was also thinking about buying some stuff in the Fox selloff, are they even still a factor to buy anything, or is this an all or nothing sale? If it's all or nothing then yeah, Sony doesn't have nearly enough cash for that.
 

jett

Community Resettler
Member
Oct 25, 2017
30,477
Man Comcast really wants this huh lol.

It'll be funny if the Disney merger doesn't happen. I wonder if Feige is actively developing two paths for the future of MCU.
 

Akira86

Member
Oct 25, 2017
13,128
Comcast, I can get you Fox. just meet me on the corner of 5th and Malcolm X ave with a billion dollars in a duffel bag.
 

ManaByte

Attempted to circumvent ban with alt account
Banned
Oct 27, 2017
11,087
Southern California
Isn't Disney helping Murdoch with the Sky deal?

Unless Comcast can help Murdoch with that, their buy in has to woo the Murdochs too right? Because don't Rupert and his sons have the controlling interest in 21st Century Fox?
Not only that, but Comcast runs into the same problems AT&T is having right now due to controlling internet and cable service. Fox doesn't want to mess with that. The Variety piece a couple of weeks ago discussed why they went with Disney due to that.
 

Jmdajr

Member
Oct 25, 2017
11,534
I am ok with Xmen being part of a different company.

Sure. Give Disney Fantastic Four.
 

Smokey_Run

The Fallen
Oct 25, 2017
3,128
Good.

Comcast can loan the characters to Disney. The potential for this thing to go sideways when Iger and Feige walk out the door is too high for Disney to be able to sit on everything.