Deals

Comcast Mulls Bid for Fox Assets, Countering Disney

  • Cable giant is said to line up financing for a potential bid
  • Disney’s $52 billion takeover previously withstood Comcast bid
Bloomberg’s Aaron Kirchfeld discusses reasons Comcast is considering a bid for Fox assets.(Source: Bloomberg)
Lock
This article is for subscribers only.

A high-stakes contest between the world’s largest media companies is poised to take another turn.

Comcast Corp. is lining up financing for a fresh run at buying 21st Century Fox Inc.’s entertainment assets, according to a person with knowledge of the situation. The move would counter Walt Disney Co.’s previously accepted $52 billion bid, which took the form of an all-stock offer.