It's official: Comcast bids $65 billion for chunk of Fox empire

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It’s official. Comcast wasted no time in making its rumored all-cash bid for 21st Century Fox assets a reality on Wednesday, when it formalized its offer of $35 per share or about $65 billion for a chunk of the entertainment company. The offer, about $5 billion more than initially expected for the assets and 19 percent higher than Disney's, now kicks off what experts predict will become a bidding war between the Philadelphia-based company and longtime rival Disney for Fox’s film studios, cable…
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It's official: Comcast bids $65 billion for chunk of Fox empire

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