Disney/Fox Merger Faces Trouble As Comcast Tries To Outbid With All-Cash Deal

There's certainly been a lot of excitement over the merger between Disney and 20^th Century Fox. Marvel fans can't wait for the X-Men, the Fantastic Four, Deadpool and other mutants to finally head to the Marvel Cinematic Universe where they belong.

However, despite the seeming certainty over the merger, it seems like a new report reveals that Comcast has continued to pursue Fox and its assets, becoming stiff competition to Disney.

According to CNBC, Comcast is offering 20^th Century Fox a massive all-cash deal at $60 billion dollars if the US government approves of AT&T's acquisition of Time Warner. That's $8 billion more than what Disney has to offer for Fox and its assets.

For the past few months, Disney and Fox have been working on the finalization of the acquisition. Though many assumed that the merger would be more or less a done deal, the acquisition has yet to receive stockholder's approval.

Now Comcast is trying to outbid Disney, believing that the Mickey Mouse House can't match their all-cash bid for Fox and its assets. The American global telecommunications conglomerate explains that if Disney were to add more stock to the deal to match Comcast's bid, the stock of Fox would go down and depress the value of their offer.

However, it's been previously reported that if they were to be outbid by Comcast, Disney plans to match the bid or settle for a higher amount. Fox Executive Chairman Rupert Murdoch has also been previously said to prefer Disney's shares.

This whole competition between Disney and Comcast could result in a bidding war for the sale of Fox. Right now it's uncertain who will win the competition, but we're pretty sure that Marvel fans are betting on Disney.

Marvel's latest release, Avengers: Infinity War, is currently in cinemas.

Read: Disney Says It's Too Early To Say There Won't Be Another Avengers Movie After Phase 3