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#1 2018-10-24 03:52:51

gsnoopy520
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Walt Disney Co (DIS.N) is in the lead to acquire much of Twenty-First Century Fox Inc's (FOXA.O) media empire Cliff Pennington Jersey , though rival suitor Comcast Corp (CMCSA.O) remains in contention, people familiar with the matter said on Tuesday.


The Murdoch family, which controls Fox, prefers a deal with Disney because it would rather be paid in Disney than Comcast stock, and expects a potential deal with Disney to be cleared by U.S. antitrust regulators more easily Cameron Maybin Jersey , one of the sources said.




However, no deal between Disney and Fox is imminent and several issues have yet to be fully negotiated, the sources said.


The Reuters sources asked not to be identified because the negotiations are confidential. Fox and Comcast declined to comment, while Disney did not immediately respond to requests for comment.


Fox is exploring a potential sale as it is has been considered undervalued relative to its peers, said Brian Wieser Bud Norris Jersey , an analyst at Pivotal Research.


“At the beginning of this year, Fox was the only buy-rated stock I had because it was so depressed relative to everything else in the sector,” Wieser said.


Fox Chief Executive James Murdoch, speaking at the UBS Global Media and Communications Conference in New York on Tuesday, declined to comment on reports about a potential sale.


"It’s always good to look at what’s going to create the most value for our shareholders Brandon Phillips Jersey ,” he told attendees.


CNBC had reported earlier on Tuesday that a deal for Disney to buy Fox's movie studio and television production assets for more than $60 billion could come as early as next week.


Fox shares were up 0.57 percent in late afternoon trading, while Disney was down 2.45 percent. Comcast shares were down 1.56 percent.


Disney, which has a market value of around $166 billion, would acquire Fox's FX and National Geographic cable channels, its movie studio Ben Revere Jersey , the Star network in India and stake in European pay-TV provider Sky PLC (SKYB.L).


Fox anticipates that its deal to buy the remaining 61 percent stake of Sky, which has been held up by regulators, will be approved in the first half of 2018. Any deal for Fox would include the remaining stake of Sky, sources have told Reuters.


Fox would keep its news and business news divisions, its broadcast stations and Fox Sports Andrew Heaney Jersey , the sources said.


Reuters reported in November that Comcast, which is the largest U.S. cable provider and has a market value of around $188 billion, had expressed interest in Fox assets.




Those assets would offer the opportunity for both Comcast and Disney to broaden their international distribution footprint.


They would also be a source of new content at a time when companies like Amazon Inc (AMZN.O) and Netflix Inc (NFLX.O) are spending billions to bulk up on programming. Comcast has steadily boosted its ownership of content over the years.


Any potential deal would follow the U.S. Department of Justice's decision to sue to block AT&T Inc's (T.N) $85.4 billion deal to buy Time Warner Inc (TWX.N). (Agencies)


Nina Dobrev and Glen Powell's relationship appears to be changing.


Several months after E! News learned that the Hollywood pair was dating, multiple sources say things aren't as serious as they once were.


"There hasn't been an official 'split' but Nina and Glen have been taking time apart," one insider exclusively shared with us. "Nina just wrapped on a project and is about to start another and her schedule has been a huge part of it. They haven't been spending much time together since the end of the summer."


Another source says there haven't been any major fights between the two. In fact Andrelton Simmons Jersey , Glen is a "very easy-going dude" who avoids drama if he can.


"They are still seeing each other, but have cooled things off a little because of busy schedules," the source shared.




Fans first began to speculate about this pair's relationship status when Glen unfollowed (and then refollowed) Nina on social media. And when documenting their Thanksgiving and Friendsgiving celebrations, both Hollywood stars didn't appear to be ringing in the holidays together.


Throughout their friendship, though Albert Pujols Jersey , Nina and Glen have certainly displayed #CouplesGoals on more than one occasion.


When it was time for The Vampire Diaries star to celebrate her birthday with a La La Land-themed party, Nina and Glen couldn't help but recreate a special moment from the movie.


There also was a little PDA between the two when they attended Julianne Hough and Brooks Laich's wedding in Idaho.


"They have a similar group of friends and have been seeing each other on the low for a little while," one source previously shared with us. Another insider added, "All of their friends like them together. They both feel pretty comfortable around each other."(Agencies)

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