Comcast, one of the nation's largest cable companies, made a bid to take over the Walt Disney Co., yesterday.
Comcast is offering $56 billion in stock to take control of Walt Disney. The take over would include Disney-owned properties such as ABC, ESPN and Disney's vast library of films.
Disney executives have yet to reach a decision about the merger.
Comcast Corporation has made a proposal to The Walt Disney Company to merge the two companies in a tax-free transaction.
Disney rejected Comcast's original offer to purchase the entertainment company.
As the Walt Disney Company ponders Comcast’s $66 billion hostile bid, other media giants are considering jumping into the fray, fearing the consequences of being left behind in a rapidly consolidating media landscape.
Comcast has struck a deal to offer ABC News programming and children’s entertainment from Walt Disney to its broadband subscribers, the companies said
Comcast is talking to bankers about getting financing for an all-cash bid for the assets 21st Century Fox has agreed to sell for $52 billion to the Walt Disney Co., according to Reuters.
Despite dissent among the board of directors at the Walt Disney Co., the group will not likely accept a $56 billion takeover bid by Comcast Communications, according to published reports. Early Wednesday, Comcast launched a surprise all-stock offer to buy out Disney, parent of ABC, the Disney film studio, ESPN and a
Comcast has struck a deal to offer ABC News programming and children’s entertainment from Walt Disney to its broadband subscribers, the companies said last week
Comcast Corp. and The Walt Disney Company have reached a long-term, distribution agreement that will bring Disney's sports, news and entertainment content to Comcast's Xfinity TV subscribers on television, online, electronic tablets and smart phones. ...
