Comcast leaves the $ 66 billion offer …



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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.

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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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