Comcast concedes to Disney in bidding war for Fox assets

(Reuters) - Comcast Corp (CMCSA.O) dropped its $66-billion (50.81 billion pounds) bid for Twenty-First Century Fox Inc's (FOXA.O) entertainment assets on Thursday and said it would press on with its bid for European broadcaster Sky Plc (SKYB.L), which ... Comcast Pulls Offer for Fox Assets, Ending Bidding War With DisneyNew York Times Disney Prevails in the Fox Hunt. Now What?Bloomberg US stocks waver as banks fall and smaller companies climbSFGate Ars Technica -CNBC -Business Insider

Continue Reading...