Comcast Sends Document Urging Fox Shareholders To Reject Disney’s Offer

Author Thumbnail BY Tiny Diapana - June 14, 2018

Comcast hasn’t only given 21st Century Fox a new and higher offer to outbid Disney and acquire Fox’s film and television assets, it’s also brought its case directly to company shareholders.

Now that Comcast has given their counter offer, the global telecommunications conglomerate has taken a more aggressive play at this game in stealing the 21st Century Fox deal from under the Mickey Mouse House’s nose. The company isn’t just sitting back and waiting for Fox to take the bait - according to a report by Deadline, Comcast has started urging Fox shareholders to reject Disney’s offer by making it clear that Comcast has made a much better bid on the 21st Century Fox’s film and television assets using a 43-page document filed with the SEC.

Comcast is certainly putting up a fight. Though Fox has said that they weren’t entirely sure about the July 10 vote, there’s still the likelihood that if the shareholders do vote, the tide could turn and vote against selling the company’s assets to Disney. It could really go either way, but a lot of comic book fans are hoping that Fox stays true to its preferred company and picks Disney.

Though we’re not quite sure about the details of the Fox and Disney deal just yet, everyone’s hoping that the merger would result in the appearance of the X-Men, Fantastic Four and other mutants in the Marvel Cinematic Universe.

Let’s just wait and see what happens.

Read: Shareholder Letter Outlines The Plan For Disney-Fox Merger

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Tiny Diapana is a literary dilettante and warrior of the written word. She has a penchant for poetry, with some of her compositions seeing publication in anthologies. Tiny is drawn to magic realism (eg. Salman Rushdie, Etgar Kerret) and books that are stylistic and Kafkaesque. Her free time is often spent on boardgames, books, manga, comics, pop culture series, movies and practicing bass.
@Tiny Diapana | tiny@epicstream.com