Comcast has backed down in his Hollywood Royal rumble dynasty Murdoch and Disney over 21st century Fox, saying that focusing instead on his attempts to conquer Europe with £26 billion takeover of sky.
America’s largest broadband operator, which also owns the television network NBC and the Hollywood Studio Universal, conceded defeat in the war for most of the assets of 21st century Fox. He leaves Disney 71 billion dollars(£55 billion) offer that was agreed by the Fox Board, unopposed ahead of the next shareholders ‘ meeting week.
To move Comcast was perceived as a potential attempt to sue for peace in the complex transatlantic conflict over the future of the media. He came in three days of the moguls in the centre…
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