Disney Raises Fox Offer to $71.3B, Outbids Comcast’s $66B
June 20, 2018 at 16:26 PM EDT
Walt Disney Co. is determined to purchase 21st Century Fox, as it announced Wednesday morning that it has raised its bid for Fox’s movie and television assets up to $71.3 billion in cash and stock. The news comes a week after Comcast formalized its $66 billion counterbid to Disney’s original offer...