Disney and Fox are no longer talking, although discussions could restart. "We also observe that, of late, earnings estimates for the company have witnessed downward revisions for the first-quarter and fiscal 2018".
Verizon had expressed preliminary interest, according to people briefed on the matter, though one of them added that the company is not now interested in pursuing a deal. Time Warner opted to sell itself to AT&T for $85 billion past year in a deal that is under regulatory scrutiny.
The persuasion for some of Fox's most eminent holdings also advances as the AT&T-Time Warner coalition suspends in the balance with the Justice Department anticipated to capture steps that would impact AT&T to excessively change the deal or then block it which would put Time Warner back in play. What's more, the Justice Department has previously looked askance at Comcast's ambitions to get bigger. The Motley Fool recommends Comcast and Time Warner. In 2016, Comcast spent $3.8 billion for DreamWorks Animation, where franchises include "Shrek".
Twenty-First Century Fox, Inc is a media and entertainment company. But with about 25 million customers for its internet and television service, Comcast has plenty of free cash flow to make big-ticket purchases.
The deal appears to be along similar parameters as talks recently held between Disney and Fox, in which the Mouse House would have acquired Fox's TV and film production business and several cable channels.Читайте также: West Brom head coach Tony Pulis: 'Success has put me under pressure'
Boston Partners reduced its position in shares of Twenty-First Century Fox, Inc. Like Disney, which owns ABC, NBC owner Comcast is not allowed to own two broadcast networks.
"I think this is really Plan B", she said.
The interest from Disney, which has reportedly cooled over the past week, would have left Fox, run by James Murdoch, with a highly focused news and sports media company. Of the assets that are on the block, about 70 percent of the revenue comes from global businesses.
Just like in a potential deal with Disney, any acquisition by Comcast would be under the same regulatory scrutiny.
The Wall Street Journal reported Thursday that the NBC owner would acquire the Fox movie studio and the worldwide television distribution business.При любом использовании материалов сайта и дочерних проектов, гиперссылка на обязательна.
«» 2007 - 2017 Copyright.
Автоматизированное извлечение информации сайта запрещено.
Код для вставки в блог