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RE: The Real Winners Are The Twenty-First Century Fox, Inc. Shareholders

in #stock6 years ago

Fox wants the Disney deal as they have quoted saying. It's approved. Both will need to finance the deal. Comcast published this, but Disney's balance sheet only shows $4M cash, so it's clearly needs to finance. Will be interesting if Fox ups bid for UK's Sky which Comcast just raised their bid for. Someone's going to eventually get killed when the debt financing comes due.

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So true, at this rate, it will be years before the winning bidder sees any value.

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