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Comcast has withdrawn from Twenty-First Century Fox's offer for the entertainment industry, noting that it would rather focus on the pursuit of the European Sky TV operator , reported the Associated Press.
The withdrawal leaves the door of Walt Disney Corporation wide open to buy the badets of Tonya Furst Fox Fancy with a $ 71 billion offer, according to BTA. The US Department of Justice has accepted Disney's offer if the company sells 22 regional sports networks. Fox shareholders will vote on Disney's bid on July 27th.
Last week, Compact increased its offer for Sky to $ 34 billion after Tudenti Furst Schneries Fox raised $ 32.5 billion. Sky works in Austria, Germany, Ireland and Italy, as well as in the UK, and has 22.5 million users drawn by suggestions such as the broadcast of the Highs English series and the Thrones Game series. Comcast and Fox want Sky to bring together more programming content, competing for viewers with traditional TVs and technology companies like Netflix and Amazon.
Compact shares rose more than 2.5 percent in the morning trade. Disney shares added 1.2%, while Fox shares fell 1% before the stock market.
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