Report
Neil Macker
EUR 100.00 For Business Accounts Only

Comcast Could Spoil the Disney and Fox Deal; Hunting for Funding for a $60 Billion All-Cash Offer

According to news reports from Reuters and CNBC, Comcast is reportedly seeking funding for an all-cash bid of $60 billion for the media assets that Twenty-First Century Fox has agreed to sell to Disney for $52 billion. This hostile bid of $60 billion from Comcast would be separate from the firm’s $30 billion unsolicited offer to buy the 61% of Sky not owned by Fox. The bid for the Fox assets is contingent on the approval of the AT&T/Time Warner merger by the courts. We note that Comcast prev...
Underlying
Twenty-First Century Fox Inc. Class B

Provider
Morningstar
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.

Analysts
Neil Macker

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