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Comcast to challenge Disney for 21st Century Fox assets

By Joe Williams
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Comcast to challenge Disney for 21st Century Fox assets

Comcast Corp. on Wednesday announced that it is preparing to challenge The Walt Disney Co. to try to acquire certain 21st Century Fox assets.

Disney previously announced that it would acquire the media corporation for $52.4 billion in stock. Comcast said it is preparing an all-cash offer “at a premium to the value of the current all-share offer from Disney.”

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Comcast Mergers and Acquisitions