Jun

Rising Share Price Strengthens Disney’s Bid for Fox Assets

As Rupert Murdoch considers a response to Comcast Corp.’s $35-a-sharecash proposal for 21st Century Fox Inc.’s entertainment assets, it’s worth noting that Walt Disney Co.’s offer has strengthened with its share price.

Shares in Disney, which agreed on its deal with Fox in December, rose more than 2 percent in New York on Thursday, to about $108.75.

Categories : Private Equity

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Rising Share Price Strengthens Disney’s Bid for Fox Assets

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