Comcast has conceded defeat in its efforts to outbid Disney for 21st Century Fox. This morning, the company announced it is bowing out of the battle for Fox, and will instead focus its efforts on securing 61 percent of European media giant Sky. "Comcast does not intend to pursue further the acquisition of the 21st...
CEO Brian Roberts won’t counter Disney’s $71.3 billion bid
By Jason Lynch
Comcast has conceded defeat in its efforts to outbid Disney for 21st Century Fox. This morning, the company announced it is bowing out of the battle for Fox, and will instead focus its efforts on securing 61 percent of European media giant Sky. "Comcast does not intend to pursue further the acquisition of the 21st... Read more »
