A potential snag in the Disney/Fox buyout deal has presented itself, now that Comcast has made a cash bid to takeover British broadcasting giant, Sky. Comcast has offered $31 billion for the 61% of Sky not currently owned by Fox.
A significant reason for the large acquisition of Fox by Disney, outside of control of other Marvel properties and Avatar, was its international presence through Sky. Fox had previously made overtures to take complete control of the satellite broadcaster, most recently in 2016 for $16 billion. Fox had hoped to have completed the Sky buy ahead of the Disney deal. With Comcast’s nearly doubling the ...
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