Disney's Acquisition Of Fox May Not Be A Done Deal - A New Report Indicates That Comcast May Top Their Bid
We had been led to believe that Disney's official acquisition of 21st Century Fox's assets was now just a formality, however, a new report from CNBC suggests that Comcast is very much still in the picture.
Our last update on the massive Disney/Fox deal that still has everyone talking strongly indicated that the House of Mouse had come out on top and that it was only a matter of time before the acquisition was made official.
Well, it seems Comcast may have thrown a spanner in the works before anyone could sign on the dotted line.
A new report by CNBC claims that negotiations are technically still open, and that their own parent company, Comcast, is considering topping Disney's $52.4 billion offer.
Apparently, Rupert Murdock had considered Disney to be the safer option because a partnership with Comcast would have a harder time passing government regulation. That deal would be viewed as being very similar to At&T's attempted acquisition of Time Warner which has faced strong government opposition. But, should AT&T be allowed to buy Time Warner, Fox could well consider Comcast's offer if they do indeed outbid Disney.
There are clearly a lot of variables at play here, but if this report is accurate, we should probably hold off on those united MCU parties for a little while!