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Disney Ups Fox Bid To US$71.3 Billion; Rejects Comcast

The House of Mouse will soon own a majority of 20th Century Fox for a tidy sum. How much, you say? Try US$71.3 billion. According to Bloomberg, just a week after Comcast launched a US$65 billion all-cash bid for Fox's entertainment assets, Disney countered with this megaton amended agreement with the media giant for the aforementioned sum that is ...

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