Sounding more and more like Comcast, and not Disney, is gonna get their paws on Fox:
https://www.hollywoodreporter.com/news/ ... rt-1118064
"Rupert Murdoch is not set on selling to Disney," Rich Greenfield reported, citing sources.
Walt Disney's deal to purchase most of the assets of 21st Century Fox for $52.4 billion is in more jeopardy than some may believe, a Wall Street analyst said Thursday, citing inside sources.
Richard Greenfield of BTIG said Rupert Murdoch, who controls Fox along with his sons, James and Lachlan, simply wants to do business with the highest bidder, which could be Comcast at about $60 billion.
Comcast acknowledged last month that it was preparing a "superior" all-cash bid to buy the assets Disney has agreed to purchase for $52.4 billion, including the film and TV studio, Fox's interest in the European pay-TV giant Sky, some TV stations and more.
Greenfield said the conventional wisdom that Murdoch prefers a deal that would make him one of Disney's largest shareholders, and avoid some taxes, is wrong — what he cares about is getting the most money for the assets.
"Rupert, like his shareholders, [is] now fully aligned and simply [wants] the best possible outcome, meaning the most dollars, whether that's cash or cash and stock," Greenfield told digital news network Cheddar.
My gut says this is something bad gone even worse.