Comcast has formally announced its plan to make Rupert Murdoch even wealthier

Comcast has spent the past few weeks telling everyone it was going to compete with Disney for a big chunk of Rupert Murdoch’s media empire.

Now it is making it formal: It is offering $65 billion, cash. That’s $35 a share — what it describes as a 19 percent premium over Disney’s bid.

https://www.recode.net/2018/6/13/17460848/comcast-fox-disney-new-bid-rupert-murdoch-all-cash-regulatory-international

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