I read Silver Surfer could happen under all this.
I'm almost terrified of that, if it sucks again I'll be devastated.
I'm almost terrified of that, if it sucks again I'll be devastated.
Disney in talks to buy Fox studio assets..
- Thread starter Bryancd
- Start date
ghostryder
Legendary Member
Yes, now that the AT&T Tine Warner merger passed regulatory hurdles Comcast is super keen to try and buy Fox, especially the SKY TV assets. Comcast NEEDS this deal, Disney less so. I don't think they are going to counter but they may see if Comcast wants to split FOX up.
Snikt
Sr Member
Man thats crazy. I feel a very dystopian future on the rise, with all the corporations. Bryan, you ready for "The Running Man"? :lol(I just watched it on hulu)
"Who do you love and who loves you!"
cboath
Master Member
Did you ever watch Dark Matter? The known universe was split up between 5 (i think) corporations....seems where we're headed all right.
CT1138
Sr Member
No kidding. Today I realized that half the snacks in the vending machine at work are all part of the Frito-Lays company. Ahhh, the illusion of choice.
Which is owned by Pepsi...
CT1138
Sr Member
Huh, no wonder it's right next to the Pepsi vending machine.
ghostryder
Legendary Member
Which is owned by Weyland-Yutani.
Snikt
Sr Member
No Ill have to check it out, thanks for the suggestion.
Looks like this may be a done deal...
https://www.foxbusiness.com/markets/21st-century-fox-accepts-disneys-higher-bid
Not yet. I absolutely expect Comcast to up their bid.
I guess the word "accepts" doesn't mean what I think it means...:confused
LOL! Yes, they accept the bid as it’s higher then the current Comcast offer but that doesn’t preclude them from accepting a higher offer before the deal is finalized by a shareholder vote as more importantly approved by the Murdoch family.
Right now on a per share basis the deal is at $38 per share of Fox. I wouldn’t be surprised to see this in the mid $40/share once either Comcast or Disney blinks. The Murdoch family much prefers the Disney offer as it’s stock and cash and results in a much lower and deferred tax liability for them. Comcast is all cash and that’s going to create a huge tax liability for them.
Snikt
Sr Member
Interesting. I hope it turns out in Disneys favor. Is there a specific time frame they have to counter?
Probably within the next day or two.
Similar threads
