AP NEWS

Comcast prepares to ‘go to the matresses’ and take Disney fight directly to Fox shareholders, SEC filing says

June 15, 2018 GMT

By Staff

Comcast Corp. is preparing to go over the heads of the 21st Century Fox board and directly solicit Fox shareholders to reject the Walt Disney Co.’s $52.4 billion stock bid in favor of Comcast’s $65 billion cash offer, regulatory filings indicate.

Comcast has hired MacKenzie Partners Inc. in New York to campaign and win support of big shareholders such as pension funds and institutional investors — a clear shot across the bow at Fox founder Rupert Murdoch and the Fox board.

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