Comcast profits jump after CEO abandons bidding war for Fox

Published July 26, 2018 12:58pm ET



Comcast, which recently retreated from a bidding war with Walt Disney Co. for 21st Century Fox assets, reported a 28 percent increase in profit for the past three months.

Net income was $3.2 billion, or 69 cents a share, on revenue of $21.7 billion, the cable giant said Thursday.

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