Wall Street thinks the bidding war for 21st Century Fox's assets is going to heat up (FOXA, DIS, CMCSA) - Creak News

real time news...

Wall Street thinks the bidding war for 21st Century Fox's assets is going to heat up (FOXA, DIS, CMCSA)

Share This

Rupert MurdochREUTERS / Gus Ruelas

  • It's starting to look more likely Comcast will come back to the negotiating table over 21st Century Fox assets, RBC Capital Markets analyst Steven Cahall told Business Insider. 
  • Disney and Comcast are willing to pay a steep premium for 21st Century Fox's "hugely strategic" assets.
  • Comcast has the balance sheet strength to raise Disney on its latest bid. 
  • But one strategy from Disney could allow to ultimately win out. 
  • Watch Disney, Comcast, and 21st Century Fox trade in real time here. 

Wall Street is warming up to the idea that the bidding war for 21st Century Fox assets isn't over just yet. 

"I do think that it's likely," RBC Capital Markets analyst Steven Cahall told Business Insider, referring to the chances Comcast makes another bid for 21st Century Fox assets. 

See the rest of the story at Business Insider

NOW WATCH: 5 science facts that 'Jurassic World: Fallen Kingdom' totally ignored

See Also:

SEE ALSO: Saudi Arabia slashes oil prices after Trump slams the 'OPEC monopoly'



from Business Insider https://ift.tt/2lVeSkF

No comments:

Post a Comment

Pages