Comcast May Revisit Bid to Buy 21st Century Fox (Report)

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Comcast May Revisit Bid to Buy 21st Century Fox (Report)

In December, Fox turned down the cable giant’s $60 billion offer in favor of a sale of assets to Disney.

Comcast Corp. may look to revive its bid to acquire 21st Century Fox despite the cable giant losing out initially in favor of an offer from Walt Disney Co. according to a Wall Street Journal report on Sunday.

Fox accepted $52.4 billion deal with Disney in December, which included the 20th Century Fox movie and TV studio, all the international pay TV properties including the stake in BSkyB as well as a number of other assets.

Comcast’s bid was reported to be higher at $60 billion but was rejected by Fox due to worries over anti-trust issues. 

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