Comcast Corp (CMCSA.O)
20 Jul 2018
July 20 The following are the top stories on the New York Times business pages. Reuters has not verified these stories and does not vouch for their accuracy.
Comcast Corp dropped its $66 billion bid for Twenty-First Century Fox Inc's entertainment assets on Thursday but said it would still try to expand its international footprint by acquiring 61 percent of European broadcaster Sky Plc , the remainder of which is owned by Fox. | Video
July 19 The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Thursday:
* Trump says "not thrilled" about Fed decision to hike rates (Changes comment; adds details, prices)
July 19 Comcast Corp dropped its $66 billion bid for Twenty-First Century Fox Inc's entertainment assets on Thursday but said it would still try to expand its international footprint by acquiring 61 percent of European broadcaster Sky Plc, the remainder of which is owned by Fox.
* Strong dollar hits metal prices, could weigh on results of MNCs
NEW YORK (Reuters Breakingviews) - Comcast Chief Executive Brian Roberts is swallowing his ego a second time. The controlling owner of the U.S. cable firm decided not to top rival Walt Disney’s $71 billion bid for some assets of Rupert Murdoch’s Twenty-First Century Fox. He also backed down from an aggressive tilt at the Mouse House 14 years earlier. Given the eye-watering price Disney is paying, Roberts and his shareholders should come out the winners.
** Shares of Twenty-First Century Fox and UK's Sky dip after Comcast says abandons bid for Fox assets
July 19 Comcast Corp has dropped its pursuit of a group of media assets owned by Twenty-First Century Fox Inc on which it was bidding against Walt Disney , and instead will focus on its offer for UK TV group Sky , the company said on Thursday.
WASHINGTON A Republican in the U.S. House of Representatives said on Tuesday he will back an uphill battle to try to force a vote to restore net neutrality rules that were overturned by the Trump administration.
|AT&T Inc. (T.N)||$31.10||-0.17|
|Verizon Communications Inc. (VZ.N)||$50.62||-0.13|
|Centurylink Inc (CTL.N)||$18.76||-0.47|
|DISH Network Corp (DISH.OQ)||$30.91||-0.29|
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