edys
July 19, 2018, 5:39pm
2
And Rupert won’t get Sky. Ever.
Phew.
1 Like
TPM:
Comcast had been dueling with Disney for Twenty-First Century Fox, but Comcast said Thursday that it would not raise its $66 billion offer for Fox. The Walt Disney Co. had topped Comcast’s bid by offering $71 billion. …
… Last week, Comcast made a bid that values Sky at $34 billion, compared with $32.5 billion in Fox’s offer.
Disney said in a regulatory filing last week that Fox might not raise its bid to compete with Comcast’s offer, meaning Comcast is likely to end up with Sky and Disney the rest of Fox that’s up for sale.
That sounds suspiciously quid pro quo -like.
Would it violate anti-trust laws if Disney and Comcast co-ordinated their purchases so as not to compete with one another for Fox and Sky respectively?
