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Disney raises bid for Fox assets to $71.3 billion in cash and stock cnbc.com The new deal is $38 a share, up from Disney's $28 a share offer in December, and rivaling Comcast's $35 a share all-cash bid last week. Comcast's deal is valued at $65 billion. In a statement on Wednesday, Murdoch said, "We are extremely proud of the businesses we have built at 21st Century Fox, and firmly believe that this combination with Disney will unlock even more value for shareholders as the new Disney continues to set the pace at a dynamic time for our industry."
Twenty-First Century Fox and Walt Disney Company shareholders have approved a deal to allow Disney to purchase Fox assets. The $71.3 billion deal will give Disney control over Fox's entertainment properties and a 39 percent stake in Sky TV. cnbc.com