Home › Disney agrees higher bid with cash for 21st Century Fox
 

Keywords :   


Disney agrees higher bid with cash for 21st Century Fox

2018-06-20 16:45:00| Telecompaper Headlines

(Telecompaper) 21st Century Fox has agreed a new takeover offer from Disney, adding a cash element to the originally all-stock deal and beating the rival bid from Comcast. Under the amended agreement, Fox shareholders will receive USD 38 per share, in a choice of cash or stock, with a maximum 50 percent of the total price in cash for Disney. The total equity price of USD 71.3 billion tops Comcast's offer of USD 65 billion for Fox and Disney's first offer of USD 52.4 billion all in stock. 

Tags: higher cash century bid

Category:Telecommunications

Latest from this category

All news
»
01.11Eastern North Pacific Tropical Weather Outlook
01.11Atlantic Tropical Weather Outlook
01.11How Japan's youngest CEO transformed Hello Kitty
31.10Unicharm to Expand in Africa
31.10Essity Named Diversity Leader by Financial Times
31.10Maxcess to Make FIFE Guiding Products in Mumbai
31.10Renee Starr Joins Hospeco
31.10RRD expands emissions reduction efforts
More »