CNN – A federal judge’s decision Tuesday to approve the deal between the telecom and media giants will almost certainly spur Comcast to submit its own bid for most of 21st Century Fox -— and soon. That would set up a showdown with Disney, which already locked in its own $52.4 billion bid for the same assets months ago.

Both companies want Fox for the same reason AT&T  wants to buy Time Warner : survival.

Read full article at CNN

Comments are closed.