Fan Forum - Dark Phoenix (June 7, 2019) #3 - We're willing to wait until Feburary to see Dark Phoenix done right!

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- - Dark Phoenix (June 7, 2019) #3 - We're willing to wait until Feburary to see Dark Phoenix done right! (https://www.fanforum.com/f135/dark-phoenix-june-7-2019-3-were-willing-wait-until-feburary-see-dark-phoenix-done-right-63209743/)

Dark Phoenix (June 7, 2019) #3 - We're willing to wait until Feburary to see Dark Phoenix done right!

Quote:

Originally Posted by sum1 (Post 94286701)

If only. But I suspect Comcast will come back with a bigger offer and then maybe Disney will give up. :shrug:

Quote:

Originally Posted by dragonfire (Post 94286903)

Comcast probably will counter-bid, but Disney giving up? After the recent news on the Disney&Fox deal, nope. Plus it seems the Government may be against a Comcast&Fox merger.

Quote:

Originally Posted by sum1 (Post 94286982)

It'd be nice if tbe US government was good for SOMEthing.

Quote:

Originally Posted by dragonfire (Post 94288525)

Quote:

Walt Disney said on Thursday it was willing to divest Twenty-First Century Fox assets that generated up to $1 billion in earnings before interest, tax, depreciation, and amortization (EBITDA) to get a regulatory nod for the deal.

Disney in a regulatory filing said it was willing to divest the assets, potentially including regional sports networks. The media conglomerate had previously planned to divest Fox assets that generated $500 million in EBITDA.

https://www.cnbc.com/2018/06/22/disn...clearance.html

Quote:

Originally Posted by sum1 (Post 94288798)

I wonder what Comcast will do?

Thanks for all that, dragonfire! :clap: I'm hoping Comcast gives up.

And we also really need an OP. :lol:

Well, this is very interesting.

Quote:

Comcast’s 50-person deal team began working full-throttle on a possible larger move for the Fox assets Disney was buying. At one point, Comcast signaled to Disney it would be willing to split the spoils, where Comcast would take international assets including Star India and Sky, and Disney would take domestic assets, people familiar with the matter said. Disney didn’t engage and has since ruled out that possibility.
Comcast also entertained discussions with Amazon.com Inc. to see whether carving up the Fox assets could offer a smoother regulatory path, these people said.

https://www.wsj.com/articles/standin...hip-1529617091

By the Whorey Hosts of Hoggoth!

Oh, for the love of :censored: :facepalm:

Is that a reaction to dragonfire's news or to my Hoary Hosts of Hoggoth joke?

Quote:

Originally Posted by sum1 (Post 94315528)

Is that a reaction to dragonfire's news or to my Hoary Hosts of Hoggoth joke?

dragonfire's news, obviously. :lol: The Hoary Hosts of Hoggoth thing is pretty much what I'd expect you to say. :P

:nod: :clap:

Quote:

Twenty-First Century Fox says the sale of its movie and TV studios to Comcast faces more regulatory risk than one to original bidder Disney.

The Fox board expects a deal with Disney, which increased its offer last week to about $71 billion, would be "likely to receive required regulatory approvals and ultimately be consummated," while a transaction with Comcast carried "higher regulatory risk" and could be delayed or denied, according to a Securities and Exchange Commission filing.

Quote:

In the filing, Fox's board says it remains concerned about the DOJ's "apparent sensitivity to the potential anticompetitive effects" of a larger vertical integration involving Comcast. In the past, regulators were concerned about horizontal integrations in which a company gaining market share by acquiring a rival.

Now, regulators have also become concerned about distributors of content gaining additional clout as content owners and possibly withholding content from rival distributors. Comcast, the nation's largest cable TV provider, already owns NBC Universal, which it fully acquired five years ago.

Among the board's other concerns: Comcast's potential controlling interest in Hulu; currently, Comcast, Disney and Fox hold 30 percent stakes and AT&T's WarnerMedia holds 10 percent.

Fox's board suggested shareholders approve the Disney sale when both companies' shareholders vote on July 10, the filing says, noting that its improved offer represents a 36% premium to its original $52.4 billion offer for the Fox assets made in December . Disney's latest offer, a cash and stock deal, is also a 9 percent premium to Comcast's, the board said in the filing.

https://www.usatoday.com/story/money...ney/734979002/

Awesome news, dragonfire! :clap:

Now that Disney&Fox got approval from the DOJ. I do believe the Fox shareholders will vote&approve the Disney&Fox deal.

I hope they do, and fast. This is getting tiresome. :thud:

Quote:

Turning up the heat on Comcast Corp., Walt Disney Co. and 21st Century Fox jointly set a new date — July 27 — for their shareholders to approve Disney’s proposed $71.3-billion takeover of Fox assets.

Disney and Fox schedule July 27 shareholder votes on merger — upping pressure on Comcast

Thanks, dragonfire! :clap:

I hope they hurry up.

So do I. :( I'm sick of worrying about this merger.