After AT&T's win, here comes the expected Comcast-Fox bid
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June 14, 2018
NEW YORK (AP) — After AT&T-Time Warner comes the deluge.
Comcast bid $65 billion for Fox's entertainment business on Wednesday, a day after a federal judge has cleared AT&T's $85 billion takeover of Time Warner.
If Comcast succeeds in outbidding Disney for Fox, it would give a major cable distributor control even more channels on its lineup and those of its rivals. There are fears that it could lead to higher cable bills or hinder online alternatives.
But U.S. District Judge Richard Leon cleared the AT&T deal Tuesday despite similar concerns. The ruling signaled that federal regulators might h...
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