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Disney, Comcast's ongoing battle for Fox is better for Orlando

Richard Bilbao
American City Business Journals
Disney, Comcast's ongoing battle for Fox is better for Orlando

The Walt Disney Co. (NYSE: DIS) or Comcast Corp. (Nasdaq: CMCSA) — will be the victor in a battle over 21st Century Fox Inc. (Nasdaq: FOXA). The bidding war's latest move has Disney offering $71.3 billion in cash and stocks to acquire the entertainment assets of Fox — up from an initial offer of $52 billion in stock. Comcast shook the foundation of the deal in June by offering Fox $65 billion in an all-cash offer, but has yet to counter-offer Disney's increase.