American cable company Comcast has issued an open letter to shareholders of 21st Century Fox urging them to abandon the Walt Disney deal and accept Comcast's $ 65 billion counter-offer. This is reported by Deadline.
"We believe that by voting against the merger agreement with Walt Disney, you will send a clear message to 21st Century Fox management that you are confident that Comcast's offer is the best you do not want Walt Disney's proposed deal to be struck and that the 21st Century Fox board of directors must negotiate with Comcast in good faith and make a final decision based on its proposal, "the appeal reads.
that a 21st Century Fox meeting of shareholders on the merger is scheduled for July 10, 2018. Recall that in December 2017, Walt Disney offered its shares worth $ 52.4 billion for the assets of 21st Century Fox, including the 20th Century Fox movie studio and its entire movie library, FX and National Geographic channels. Unlike its rivals, Comcast is willing to pay $ 65 billion in cash.
The Topic of Article: Comcast pleads with Fox shareholders not to be sold to Walt Disney.