Comcast Will Reportedly Not Increase Its Fox Bid

Comcast is reportedly unlikely to increase its $65 billion bid for 21st Century Fox. CNBC reports Comcast won't match Disney's increased $71.3 billion offer for Fox's assets. Disney had to increase its bid after Comcast made its all-cash offer for Fox last month. Comcast is now reportedly focused on acquiring Britain's Sky instead, of which Fox owns 39% percent.

Topics:  century fox   cnbc   disney   continue   fox   comcast   sky   reportedly   increase   bid   billion   offer   
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