Comcast has officially given up fighting Walt Disney for Fox
Comcast has officially given up its bid for 21st Century Fox assets. This is stated in a press release, excerpted by the publication Deadline. "Comcast does not intend to continue to fight for the acquisition of these assets and intends to focus on our recommended offer for Sky", - the company said in a statement. CEO Brian Roberts, who previously had so much zeal to surpass Walt Disney, congratulated his competitors. "I would like to congratulate Bob Iger and the Disney team and thank the Murdoch family and Fox for creating such a coveted and respected company," he said. In turn, the head of Walt Disney, Bob Iger, responded by commenting: "Our incredible enthusiasm for this acquisition and value, that it will create continued to grow as we were well aware of the great array of talent and asset value of 21st Century Fox. We are very pleased with today's news, and now we are focused on completing the process and on integrating our companies. " The market reacted to this news positively: Walt Disney shares rose by two percent, Comcast shares gained three percent. The Topic of Article: Comcast has officially given up fighting Walt Disney for Fox. |
