It’s officially official: Comcast is no longer in pursuit of 21st Century Fox and its sought-after media assets.
Despite two eye-watering bids ($65 billion) and months of speculation, the U.S. cable giant announced Thursday that the Disney-Comcast bidding war had come to a close, and it’s the Mouse House, whose $71.3 billion offer was tabled three weeks ago, that is now in pole position to acquire most of 20th Century Fox and its entertainment assets – X-Men, Deadpool and the Fantastic Four included.
Yes, Marvel’s First Family are headed home, which will only expand Marvel Studios and its reign over the superhero genre for months – if not decades – to come. This potentially historic merger is still subject to shareholder and regulatory approval, so Disney isn’t across the finish line just yet, but Bob Iger, for one, is feeling pretty confident about the whole ordeal now that Comcast...
Despite two eye-watering bids ($65 billion) and months of speculation, the U.S. cable giant announced Thursday that the Disney-Comcast bidding war had come to a close, and it’s the Mouse House, whose $71.3 billion offer was tabled three weeks ago, that is now in pole position to acquire most of 20th Century Fox and its entertainment assets – X-Men, Deadpool and the Fantastic Four included.
Yes, Marvel’s First Family are headed home, which will only expand Marvel Studios and its reign over the superhero genre for months – if not decades – to come. This potentially historic merger is still subject to shareholder and regulatory approval, so Disney isn’t across the finish line just yet, but Bob Iger, for one, is feeling pretty confident about the whole ordeal now that Comcast...
- 7/19/2018
- by Michael Briers
- We Got This Covered
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