Disney agrees to pay $71.3 billion for a swath of Fox, topping Comcast's bid
by Stephen Battaglio And Meg James, Los Angeles Times
Jun 20, 2018
3 minutes
NEW YORK - Walt Disney Co. and 21st Century Fox struck a new deal Wednesday: Disney agreed to pay $71.3 billion for Fox entertainment assets, surpassing the $65-billion offer from Comcast Corp.
Disney said it amended its original Dec. 21 agreement with Fox in which Disney offered $52.8 billion.
Fox said the amended deal is "superior" to the offer made by Comcast. Its board accepted Disney's offer, although the acceptance is subject to shareholder
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