Article 3V692 Comcast admits defeat in bidding war for Fox, clearing path for Disney

Comcast admits defeat in bidding war for Fox, clearing path for Disney

by
Jon Brodkin
from Ars Technica - All content on (#3V692)
comcast-logo-thumbnail-640x360.jpg

(credit: Comcast)

Comcast is abandoning its attempt to purchase 21st Century Fox properties, the cable company announced today.

"Comcast does not intend to pursue further the acquisition of the 21st Century Fox assets," Comcast said in a statement.

That doesn't mean Comcast is done trying to buy media properties, however. Comcast's statement said that it will focus on its attempt to purchase Sky, a British media and pay-TV company. Comcast last week raised its bid for Sky, topping a previous offer made by 21st Century Fox.

Read 4 remaining paragraphs | Comments

index?i=pRdgy4OY2Nk:KLsWY2tIb6I:V_sGLiPB index?i=pRdgy4OY2Nk:KLsWY2tIb6I:F7zBnMyn index?d=qj6IDK7rITs index?d=yIl2AUoC8zA
External Content
Source RSS or Atom Feed
Feed Location http://feeds.arstechnica.com/arstechnica/index
Feed Title Ars Technica - All content
Feed Link https://arstechnica.com/
Reply 0 comments