Comcast Mulling New Bid For Fox Assets

2/12/18

By Yoel Minkoff, SeekingAlpha

Comcast (NASDAQ:CMCSA) is considering a new offer for Twenty-First Century Fox's (NASDAQ:FOXA) assets despite an agreement in December to sell them to Walt Disney (NYSE:DIS) for $52.4B, WSJ reports.

Its original bid was reportedly around $60B, but there were concerns that a deal could face antitrust challenges.

Comcast might even be prepared to remove certain assets from the deal, or zero in on something in particular, such as European pay TV giant Sky (OTCQX:SKYAY).

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