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Walt Disney Company continued to lead the bidding war that it was engaged for months with Comcast for 21st Century Fox's top badets after the green light granted by the United States Department of Justice . However, l the mouse company was not the only one to have smiled when learning the news . The investment bank Goldman Sachs, the main adviser to the holding company headed by Rupert Murdoch, expects a substantial royalty that would exceed even that collected by Centerview, JPMorgan and Guggenheim Partners, the other companies involved.
According to the Financial Times, the institution founded by Marcus Goldman and Samuel Sachs will pocket approximately $ 105 million US through the operation of the $ 71 billion US between Fox and Disney . In August 2017, when the company led by Bob Iger made his first bid – $ 52,400 million – the bank received $ 58 million for its advisory services. Now, I would add an additional $ 47 million to provide a loan and permanent funding to the new company that produces the remaining 21st Century Fox products – Fox News and the Broadcast Fox – [-19659003] Bob Iger and Rupert Murdoch after the conclusion of an agreement in 2017. Source: Variety.
Although the Burbank company, Calfornia, has today the advantage, Comcast is still in time to make a counter offer. According to the Financial Times, Brian Roberts, CEO of the channel, is working on a new global proposal to preserve the badets : television and movie studios, the entertainment channel, a part in the Hulu streaming service and part of the pan-European Sky network.
Goldman Sachs is not the only beneficiary of the case Disney-Fox. Centerview, a boutique investment bank co-founded by Blair Effron, will receive US $ 22 million for its work as an advisor to the Murdoch team, while JP Morgan and Guggenheim Partners will each withdraw $ 27.5 million did the same work for Disney, however, these figures continue far from those collected by Morgan Stanley through the merger between Monsanto and Bayer. According to Reuters, the entity took US $ 120 million for the operation that was carried out for more than US $ 66 billion.
