21st Century Fox Accepts New Higher Bid From Disney

Following a bid from Comcast last week, Disney raised their offer to $71.3B for 21st Century Fox this morning. It’s been reported that the media giant’s board has already accepted the offer.

The deal — 50% in cash and 50% in stock —surpasses Disney’s original offer of $52.4B last month.

The deal includes:

  • 20th Century Fox
  • 20th Century Fox Television
  • FX Networks
  • National Geographic
  • Fox Regional Sports Networks
  • 30% Stake in Hulu
  • Stake in international networks Sky and Star TV.

Even with 21st Century Fox accepting Disney’s bid, Comcast could still make a superior unsolicited bid in an attempt to steal Fox away once again.