Bad News For Marvel Fans, As Comcast Says It's Ready To Outbid Disney For 21st Century Fox's Assets

Bad News For Marvel Fans, As Comcast Says It's Ready To Outbid Disney For 21st Century Fox's Assets

We had heard that Comcast might be in a position to outbid Disney for the majority of Fox's assets, and it looks like that day has come. Obviously, this would be a major disappointment for Marvel fans...

Comcast has now confirmed that it is in “advanced stages” of preparing an all-cash bid for the assets of 21st Century Fox, countering the $52.4 billion offer from Disney.

The NBCUniversal owner and No. 1 U.S. cable distributor says that any offer for Fox would be at a “premium to the value of the current all-share offer from Disney,” and although no price has been specified yet, their bid is said to be in the $60 billion range.

This is not set in stone yet, however, and under the terms of Disney’s proposed deal, Fox would have to pay a breakup fee of $1.52 billion if they decided to pull out of the pact for any reason not related to a regulatory body blocking the transaction.

Could Disney still make a counter-offer? We'll just have to wait and see how things shake out, but as of right now, things don't look good for the legions of fans hoping to see the The X-Men and Fantastic Four back home with Marvel Studios.
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