Comcast Pulls Offer for Fox Assets, Ending Bidding War With Disney [The New York Times]
Fox Corporation - Class A (FOXA)
Last fox corporation - class a earnings: 2/5 04:05 pm
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Source: The New York Times
The cable and broadband giant Comcast said on Thursday it was abandoning its bid to acquire a major chunk of 21st Century Fox but would continue its push to win control of the British satellite broadcaster Sky, a move that appeared to end a complex bidding war for Rupert Murdoch’s media company. In a statement , Comcast said it “does not intend to pursue further the acquisition of the Twenty-First Century Fox assets and, instead, will focus on our recommended offer for Sky.” Comcast had been locked in a battle with the Walt Disney Company for the bulk of Mr. Murdoch’s Fox empire, with the cable company submitting a $65 billion offer for the assets last month.
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FOXA
News
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- Fox Co. (NASDAQ: FOXA) was upgraded by analysts at Seaport Res Ptn from a "neutral" rating to a "buy" rating.MarketBeat
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FOXA
Earnings
- 2/7/24 - Beat
FOXA
Sec Filings
- 3/27/24 - Form 4
- 3/27/24 - Form 4
- 3/27/24 - Form 4
- FOXA's page on the SEC website