So much for Disney’s Deadpool
It looks as though Comcast is preparing a bid to buy Fox assets ahead of Disney’s upcoming deal.
Reuters reports multiple sources have said Comcast Corp is attempting to get bridge financing from investment banks in order to place a cash bid for Twenty-First Century Fox Inc’s assets.
This funding could be up to an additional $60 billion USD on top of the $30 billion USD Comcast has already offered for a majority stake in European pay-TV group Sky Plc.
This large bid could displace the Walt Disney Company’s deal to purchase the Fox assets for $52.4 billion in stock.
While it’s not 100% certain exactly which properties would be a part of the deal, here’s a look at what would likely be included including Fox’s Marvel characters and maybe even The Simpsons and what this could mean for TV.
Comcast’s bid on Fox’s properties is dependant on the ruling of the U.S. Department of Justice’s challenge regarding AT&T’s attempt to acquire Time Warner Inc as Fox rejected Comcast’s bid last year due to antitrust concerns.