Comcast has admitted that it is "in an advanced stage" in preparations for a cash offer for the assets that Rupert Murdoch's 21st Century Fox already promised Walt Disney last December in a $52,4 billion equity deal.
The media group that controls the Nbc News, MSNBC and CNBC channels and - among other assets - the Universal film studio specified that "a final decision" on the launch of the proposal "has not yet been made".
In early May, reports circulated that Comcast had reached out to banks to secure up to $60 billion in funding to challenge Disney on Fox.
Comcast explained that any offer "would be at a premium" compared to the one launched by the entertainment giant led by Bob Iger.
Not only that: the company added that for Fox shareholders "the structure and terms of any offer would be at least as favorable as those" put on the plate by Disney.
Comcast said it is "working to fund the cash offer."
In the pre-market Nasdaq Comcast dropped 1,6% to 32 dollars. Fox shares climbed 0,66% to $38. Disney lost 0,8% to $103,25 in the pre-market.
