Disney makes fresh bid for Fox

Sky shares spiked on Wednesday as 21st Century Fox agreed a new deal for Disney to acquire certain entertainment assets. Disney has agreed to pay $38 per Fox share, above the previously agreed purchase price of roughly $28. Fox's board said it "has not concluded" that the 13 June proposal from Comcast could reasonably be expected to result in a superior proposal under the Disney agreement. Earlier, there were reports Fox was considering talks with Comcast over the cable network's recent bid of ...

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