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Disney Ups Its Bid for FOX. Will Comcast Fold?

FOX has accepted a $71.3 billion bid from Disney, which tops Comcast’s previous offer of $65 billion.   Disney went all in to ensure Comcast didn’t steal FOX’s assets out from under them, including Marvel assets like The X-Men and Fantastic Four.

That easily trumps Comcast’s all-cash offer made on June 13th. The new Disney-FOX deal is reportedly worth $38 per share in cash and stock.

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