Morningstar - Comcast Corporation Class A (CMCSA) Comcast Formalizes Intent to Bid for Fox; Impetus Is Potential Shareholder Vote at Fox

Report

Morningstar

Neil Macker

Comcast Formalizes Intent to Bid for Fox; Impetus Is Potential Shareholder Vote at Fox

Comcast issued a press release on May 23 stating that it is "considering, and is in advanced stages of preparing, an offer" for the assets that Twenty-First Century Fox is selling to Disney. If it makes an offer, Comcast will present an all-cash offer for the assets that is higher than Disney's current all-stock bid. Management assured Fox shareholders that its offer "would be at least as favorable to Fox shareholders as the Disney offer" with respect to the spinout of "New Fox" and the regulato...

24/05/2018 16 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 Formalizes Intent to Bid for Fox; Impetus Is Potential Shareholder Vote at Fox

BEAD: More state proposals; Fiber still dominant but Satellite gaining share

BEAD: West Virginia releases final proposal

2Q25 Broadband Trends

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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