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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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Audience breaks into applause as Vindman explains why he’s not afraid of testifying against Trump

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Republican efforts to undermine Lt. Col. Alexander Vindman apparently failed to persuade the audience in the impeachment hearing room.

The National Security Council staffer was showered with applause after reading the closing portions of his opening statement for a second time at the request of Rep. Sean Patrick Maloney (D-NY).

"Can you read the last paragraph for me again, the second-to-last one, can you read that again for me?" Maloney said. "I think the American public deserves to have it again."

Vindman agreed, and said his father would probably appreciate that.

"Dad, my sitting here today in the U.S. Capitol, talking to our elected officials, is proof that you made the right decision 40 years ago to leave the Soviet Union and come here to the United States of America in search of a better life for our family," Vindman said. "Do not worry, I'll be fine for telling the truth."

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Schiff gives Republicans a lesson on fact witnesses after they complain officials haven’t used the word ‘bribery’

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As the impeachment inquiry into President Trump's alleged attempts to pressure Ukraine's government into investigating his political rivals continues, Democrats have shifted to characterizing Trump's actions as "bribery" to describe how he allegedly offered Ukraine military aid on the condition that its government investigate the Bidens.

In a bid to counter the Democrats’ narrative, some Republicans have pointed out that none of the witnesses have used the word “bribery” during the impeachment inquiry’s hearings. Today, House Intelligence Committee chairman Rep. Adam Schiff (D-CA) took a moment to clarify why that is.

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‘I did my job’: Lt. Col Vindman fends off Jim Jordan’s disrespectful attack on his service

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Lt. Col. Alexander Vindman, a national security aide, pushed back on suggestions made by Rep. Jim Jordan (R-OH) that he failed to do his job correctly when he reported President Donald Trump's alleged attempted bribery of Ukraine's president.

At a House impeachment hearing, Jordan asked Vindman why he had gone to a attorney for an advice on Trump's behavior after he was unable to report it to a supervisor.

"You not only didn't go to your boss... you went straight to your lawyer," Jordan said.

"I did my core function, which is coordination," Vindman explained. "I spoke to the appropriate people within the inner-agency and then circling back around, [my attorney] told me not to talk to anybody."

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