To outflank Comcast’s offer, Disney increases its Fox bid to $71.3 billion

Reading Time: 2 minutes Post Views: 2,069 The Walt Disney Company has officially increased its offer for the purchase of 21st Century Fox, upping its offer to USD 71.3 billion in stock and cash. The new bidding is a drastic increase from the company’s original USD 52.4 billion deal that valued Fox at USD 28 per share. The offer comes days after Comcast submitted a USD 65 billion all-cash rival bid for Fox’s film and television arm. Disney has also moved from its original tactic of an all-stock deal for Fox, owner of assets…

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