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Comcast dropped 66 billion dollars in auction for Twenty-First Century Fox entertainment at Walt Disney, announcing Thursday that it will continue to expand internationally by acquiring a 61% stake in European Sky TV, to which Fox holds the rest of the shares, reports Reuters
Comcast Withdrawal is a dealership made by Walt Disney, which improved its bid for Fox's assets last month to $ 71.3 billion in An attempt to reunite Hollywood studios and several television channels into one entity, writes News.ro
Comcast's decision puts an end to one of the most-watched clashes in the media industry This is in opposition to General Comcast, Brian Roberts, Rupert Murdoch, Executive Chairman of Fox, and Bob Iger, General Manager of Disney.
However, both companies will continue to compete for the expansion in Europe through a bidding war for Sky , of which Fox owns 39% of the shares.
Fox also made an offer to take over the 61% stake in Sky, a London-listed subscription television company, although Comcast's offer is the highest of $ 34 billion (14%). $ 75 per share).
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