el toro
Sr Member
That's my understanding as well. I've also read that Comcast might consider negotiating a deal with Disney that would split fox's assets between Disney and Comcast, so that Disney ends up with the marvel licenses among other things.
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.