Tuesday, January 22, 2019 • Afternoon Edition • "Manufacturing outrage since 2006."

Comcast Officially Bids $65 Billion For Fox

Written by Tim Midura on Wednesday, June 13 2018 and posted in News with Benefits

Comcast Officially Bids  Billion For Fox

This tops Disney's $52 billion deal.

Source: Deadline

What would you do with an extra $65 billion in cash? That's the price Comcast is officially offering to buy Fox, outbidding Disney's offer, which was already accepted, of $52 billion in stock. This is up from Comcast's rumored offer of $60 billion. Wall Street analysts expect Disney to match Comcast's offer, potentially taking on $37 billion in debt to do so.

Now that the AT&T and Time Warner merger has been approved, it's only a matter of time until Fox is absorbed by either Comcast or Disney. 

We'll see if that extra $13 billion is enough to keep the Fantastic Four and the X-Men from coming home to Marvel.


Help spread the word, loyal readers! Share this story on social media:

Comment without an Outhouse Account using Facebook

We get it. You don't feel like signing up for an Outhouse account, even though it's FREE and EASY! That's okay. You can comment with your Facebook account below and we'll take care of adding it to the stream above. But you really should consider getting a full Outhouse account, which will allow you to quote posts, choose an avatar and sig, and comment on our forums too. If that sounds good to you, sign up for an Outhouse account by clicking here.

Note: while you are welcome to speak your mind freely on any topic, we do ask that you keep discussion civil between each other. Nasty personal attacks against other commenters is strongly discouraged. Thanks!
Help spread the word, loyal readers! Share this story on social media:

About the Author - Tim Midura

Born in the frozen tundra of Massachusetts, Tim Midura has long possessed a love for comic books and records. After stealing the beard of Zeus and inventing the pizza bagel, a much more heavily tattooed and bearded Tim Midura has finally settled in San Diego. He's the world's first comics journalist who doesn't want to become a comics writer. Find him on twitter, facebook or by email.

More articles from Tim Midura
The Outhouse is not responsible for any butthurt incurred by reading this website. All original content copyright the author. Banner by Ali Jaffery - he's available for commission!