Bad News For Marvel Fans, As Comcast Says It's Ready To Outbid Disney For 21st Century Fox's Assets

We had heard that Comcast might be in a position to outbid Disney for the majority of Fox's assets, and it looks like that day has come. Obviously, this would be a major disappointment for Marvel fans...

Comcast has now confirmed that it is in “advanced stages” of preparing an all-cash bid for the assets of 21st Century Fox, countering the $52.4 billion offer from Disney.

The NBCUniversal owner and No. 1 U.S. cable distributor says that any offer for Fox would be at a “premium to the value of the current all-share offer from Disney,” and although no price has been specified yet, their bid is said to be in the $60 billion range.

This is not set in stone yet, however, and under the terms of Disney’s proposed deal, Fox would have to pay a breakup fee of $1.52 billion if they decided to pull out of the pact for any reason not related to a regulatory body blocking the transaction.

Could Disney still make a counter-offer? We'll just have to wait and see how things shake out, but as of right now, things don't look good for the legions of fans hoping to see the The X-Men and Fantastic Four back home with Marvel Studios.
Marvel Studios Signs Deal To Resurrect Stan Lee Through Digital Technology And Archival Footage
Related:

Marvel Studios Signs Deal To "Resurrect" Stan Lee Through Digital Technology And Archival Footage

TURNING RED Interview: Rosalie Chiang On Playing Mei And A Red Panda, Hopes For A Sequel, And More (Exclusive)
Recommended For You:

TURNING RED Interview: Rosalie Chiang On Playing Mei And A Red Panda, Hopes For A Sequel, And More (Exclusive)

DISCLAIMER: This post was submitted by a user who has agreed to our Terms of Service and Community Guidelines. As a user-generated content platform, Comic Book Movie and Best Little Sites LLC is protected under the DMCA... [MORE]
Related
Marvel Studios Signs Deal To Resurrect Stan Lee Through Digital Technology And Archival Footage
In a move that's sure to be divisive, Marvel Studios has signed a deal with Genius Brands and POW! Entertainment for the rights to use the name and likeness of the legendary Stan Lee...
FANTASTIC FOUR Writer Reveals Original Story Plans Including Annihilus And Galactus As Lead Villains
Fantastic Four writer Jeremy Slater (Moon Knight) has revealed some of the original plans for the 2015 reboot, including a meeting with Annihilus and Galactus in the Negative Zone. Read on for details...
FANTASTIC FOUR Reboot Enlists MOON KNIGHT Producers Grant Curtis And Nick Pepin
Moon Knight head writers Jeremy Slater has revealed that two of the Disney+ show's producers, Grant Curtis and Nick Pepin, are also working on Marvel Studios' upcoming Fantastic Four reboot.
TURNING RED Interview: Rosalie Chiang On Playing Mei And A Red Panda, Hopes For A Sequel, And More (Exclusive)
We caught up with Turning Red star Rosalie Chiang to discuss her lead role as Mei, and shares some fascinating insights into the making of the movie along with details on an alternate ending, and more...
7 Ways Marvel Studios Can Bring The FANTASTIC FOUR And X-MEN Into The Marvel Cinematic Universe
Fantastic Four may have just lost its director, but the movie is still on the horizon, and we have some theories for how both Marvel's First Family and the X-Men can be brought into the MCU very soon...