Morningstar - Comcast Corporation Class A (CMCSA) Comcast Pulls Out of the Fox Bidding War; Deal With Disney Could Close Soon

Report

Morningstar

Neil Macker

EUR 100.00 For Business Accounts Only

Comcast Pulls Out of the Fox Bidding War; Deal With Disney Could Close Soon

Comcast announced on July 19 that it is ending its pursuit of Twenty-First Century Fox assets to focus on acquiring Sky. The capitulation clears the way for Walt Disney to acquire the Fox assets pending shareholder votes at both firms on July 27. If the shareholders approve the transaction as expected, the deal could close soon afterward. However, Disney may delay the close to line up buyers for the 22 regional sports networks that the firm must divest within 90 days of the close to fulfill its ...

19/07/2018 19 EN

Underlying

Comcast Corporation Class A

Comcast is a media and technology company. The company's segments are: Cable Communications, which provides internet, video, voice, and security and automation services in the United States individually and as bundled services at a discounted rate over its cable distribution system to residential and business customers; NBCUniversal, which includes a portfolio of national cable networks that provide a variety of entertainment, news and information, and sports content, regional sports and news networks, international cable networks, and cable television studio production operations; and Sky, which owns a portfolio of pay television channels that provide entertainment, news, sports and movies.

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US20030N1019 NASDAQ Stock Market United States

Provider

Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

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Analysts

Neil Macker

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Comcast Pulls Out of the Fox Bidding War; Deal With Disney Could Close Soon

What Policies Matter to Telco’s Success: Supply Side or Demand Side? Or Something Else?

CMCSA: The value unlock trade? Nope. No major change in fundamentals

CMCSA 4Q25 Quick Take: Results mostly in line; Waiting to hear what’s next

Business as Usual for No-Moat Lonza; Specialty Ingredients Carve-Out on Track for 2020

Sasol Provides Full-Year Production Update

Astra Posts Solid 2Q, Driven by Strong Cancer Drug Sales and Moving Away From One-Time Divestments

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