26 JUN

Fox desperately trying to avoid selling to Comcast

21st Century Fox has been consistently trying to avoid selling to Comcast because Fox officials believe a merger with the largest US cable company may not be approved by the federal government.

Comcast and the Walt Disney Company have been in a bidding war for the assets being sold by Fox. The most recent development came last week when Fox leadership rejected a $ 65 billion offer from Comcast and accepted Disney’s new offer of $ 71.3 billion.

Comcast could try to outbid Disney again and seek approval from Fox shareholders. But Fox and Disney said in a new Securities and Exchange Commission filing that a Comcast/Fox deal would face a difficult path to regulatory approval.

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Martin is an enthusiastic programmer, a webdeveloper and a young entrepreneur. He is intereted into computers for a long time. In the age of 10 he has programmed his first website and since then he has been working on web technologies until now. He is the Founder and Editor-in-Chief of BriefNews.eu and PCHealthBoost.info Online Magazines. His colleagues appreciate him as a passionate workhorse, a fan of new technologies, an eternal optimist and a dreamer, but especially the soul of the team for whom he can do anything in the world.