U.S. cable operator Comcast has asked investment banks to increase a bridge financing facility by as much as $60 billion in order to make an all-cash offer for the media assets that Twenty-First Century Fox has agreed to sell to Walt Disney for $52 billion, Reuters reported. Read the latest telecom news
Comcast aims all-cash deal for Fox to beat Walt Disney
More like thisRelated
Paramount Skydance Set to Acquire Warner Bros Discovery After Netflix Walks Away from Bidding War
Paramount Skydance has emerged as the frontrunner to acquire...
Paramount Skydance Sweetens $30-Per-Share Bid for Warner Bros Discovery with Ticking Fee and Breakup Fee Coverage
Paramount Skydance has strengthened its takeover bid for Warner...
Reliance Jio Studios Acquires 50.1% Stake in Sikhya Entertainment to Strengthen Global Content Creations
Reliance Strategic Business Ventures, a subsidiary of Reliance Industries...
Spotify Pays $11 bn to Music Content Creators in 2025 as Artist Royalties Hit Record High
Spotify has strengthened its appeal to music content creators...