Comcast to Target Fox Investors in Push to Outbid Disney
- Cable giant announced Wednesday that it was mulling an offer
- Company looks to stave off a roughly $52 billion Disney deal
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Comcast Corp. will approach 21st Century Fox Inc. shareholders as soon as this week to discuss its plan to snatch away the media company’s trove of entertainment properties from rival suitor Walt Disney Co., according to a person briefed on the matter.
The cable giant also has told the Justice Department about its interest in the Fox assets, an early step in addressing antitrust concerns about a potential transaction, according to the person, who asked not to be identified because the deliberations are private.