Comcast Bows Out of Fox Sweepstakes

Comcast said it is officially out of the running for 21st Century Fox assets, a development that signals a deal may be close with Disney.
The Philadelphia-based cable giant had expressed interest in acquiring some of Fox’s film and television assets — particularly the holdings that would expand its global reach, including India’s Star TV and the British satellite TV provider Sky.
“When a set of assets like Fox’s becomes available, it is our responsibility to evaluate if…

Comcast said it is officially out of the running for 21st Century Fox assets, a development that signals a deal may be close with Disney. The Philadelphia-based cable giant had expressed interest in acquiring some of Fox’s film and television assets — particularly the holdings that would expand its global reach, including India’s Star TV and the British satellite TV provider Sky. "When a set of assets like Fox's becomes available, it is our responsibility to evaluate if…