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Comcast offers to buy Fox media assets for $65 billion in cash

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Comcast Corp on Wednesday offered $65 billion for the businesses Twenty-First Century Fox had already agreed to sell to Walt Disney Co a day after AT&T won approval to buy Time Warner.

Comcast confirmed last month that it was preparing a higher all-cash offer than Disney’s $52 billion all-stock deal for Fox’s media assets, but had been awaiting the outcome of the court hearing on the AT&T deal before bidding formally.

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Fox in December agreed to sell its film, television and international businesses to Disney.

Reporting by Arjun Panchadar in Bengaluru; Editing by Maju Samuel


Report typos and corrections to: [email protected].
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John Oliver tells Susan Collins she can tell Trump doesn’t learn: He kept having kids after Donald Trump Jr.

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HBO host John Oliver returned Sunday evening after a cascade of unending news. On his season premiere of "Last Week Tonight," Oliver began with the announcement that on the break, the U.S. nearly went to war with North Korea, if you're sick, you probably have the coronavirus, and you'll be dead within an hour, and a "bitch" won the latest Westminster Dog Show.

When it came to President Donald Trump's acquittal, Oliver

But when it came to the president's impeachment, Oliver nailed Sen. Susan Collins (R-ME), who announced on CBS Evening News that the whole experience changed him.

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Trump is already making up conspiracy theories about voter fraud — and it’ll only get worse

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The election is eight months away, but President Donald Trump is already crying foul.

Bloomberg News wrote Sunday that Trump is already working to undermine the American electoral process by attacking the Democratic presidential primary.

"Indeed, his campaign, with the full support of the Republican Party, is already waging a vigorous crusade to destroy his opposition. No, it's not Joe Biden, who inspired Trump's shakedown of Ukraine. Trump's gunning for bigger game: democracy itself," wrote Francis Wilkinson for Bloomberg.

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READ IT: More than 1,100 former US Department of Justice officials tell Bill Barr to resign now

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More than 1,100 former US Department of Justice officials called on Attorney General William P. Barr on Sunday to step down after he intervened last week to lower the Justice Department’s sentencing recommendation for President Trump’s longtime friend and political crony Roger J. Stone Jr.

“It is unheard of for the Department’s top leaders to overrule line prosecutors, who are following established policies, in order to give preferential treatment to a close associate of the President, as Attorney General Barr did in the Stone case,” wrote the former Justice Department attorneys in their Sunday letter. “It is even more outrageous for the Attorney General to intervene as he did here — after the President publicly condemned the sentencing recommendation that line prosecutors had already filed in court.”

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