With Fox, Comcast CEO Faces Biggest Decision Since NBC Deal
It’s decision time for Comcast Corp., which faces one of the biggest moments in the cable giant’s 55-year-old history. After Walt Disney Co. raised its offer for 21st Century Fox Inc.’s entertainment assets to $71.3 billion, Comcast Chief Executive Officer Brian Roberts is now mulling how to respond to the escalating bidding war. Wall Street is girding for Comcast to counterbid with something around $41 or $42 a share in cash.