Deals

Comcast Looks to Wrest Fox Entertainment Assets From Disney

Move would escalate a bidding contest underway in Europe
Cable giant is lining up financing for an all-cash offer

Bloomberg’s Paul Sweeney says Disney’s Bob Iger is ready for a bidding war over Fox.(Source: Bloomberg)

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By Jessica Brice and Gerry Smith

May 23, 2018 at 12:22 PM UTC

Updated on

May 23, 2018 at 5:19 PM UTC

This article is for subscribers only.

Comcast Corp. is ready to go to war with Walt Disney Co.

The cable giant confirmed on Wednesday that it may make an offer for a wide swath of 21st Century Fox Inc.’s entertainment assets, a business that Disney has already agreed to buy for roughly $52 billion.