LogFAQs > #903630196

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Topic	looks like Disney paid $71 bil for 21st Century Fox
DoctorVader 06/20/18 12:21:29 PM #30:	SK8T3R215 posted... Yeah for tax reasons with Disney offering stock in its offer plus lower anti trust concerns since they rejected Comcast months ago (which offered more than Disney) and decided to go with Disney. Other smaller shareholders would likely prefer the Comcast all cash offer if they aren't concerned about potential divestments. Actually, Comcast came back with another offer just last week which included all breakup costs in case it didn't go through, plus any breakup costs with Disney. The new total was around $70B, which is why Disney countered again. --- It all just disappears, doesn't it? Everything you are, gone in a moment, like breath on a mirror. - The Doctor <cite>DoctorVader posted [p:903630196] in looks like... [t:76732815]...</cite> <quote><cite>SK8T3R215 posted...</cite> <quote>Yeah for tax reasons with Disney offering stock in its offer plus lower anti trust concerns since they rejected Comcast months ago (which offered more than Disney) and decided to go with Disney. Other smaller shareholders would likely prefer the Comcast all cash offer if they aren't concerned about potential divestments.</quote> Actually, Comcast came back with another offer just last week which included all breakup costs in case it didn't go through, plus any breakup costs with Disney. The new total was around $70B, which is why Disney countered again. --- It all just disappears, doesn't it? Everything you are, gone in a moment, like breath on a mirror. - The Doctor</quote> ... Copied to Clipboard!
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