Comcast Flies Above Fox/Disney, Will Acquire Sky for $39B

According to Bloomberg, on Saturday, Comcast outbid rival Fox-Disney in its pursuit of European pay-channel Sky, acquiring Sky for approximately $39 billion.

JPMorgan, Others Support 21st Fox in Bidding War for Sky

Goldman Sachs, Deutsche Bank and JPMorgan committed to providing bridge financing to support 21st Century Fox’s £15.325 billion ($20.18 billion) bid to purchase UK-based media company, Sky. Law firm Simpson Thacher is representing 21st Century in its bidding war with Comcast.

AT&T, Comcast Mergers Create Unprecedented Debt Load

The Wall Street Journal reported that the mergers of AT&T and Comcast will put the companies at risk of becoming “the most indebted companies in the world.”

BofAML, Wells Fargo Support Comcast Bid to Acquire 21st Century Fox

Comcast launched its bid to snatch 21st Century Fox from Walt Disney with a letter sent to the Fox board of directors outlining an all-cash offer to acquire the businesses for a total cost of $4.02 billion.

Investment Banks Prepare to Support Comcast Bid for Fox

Reuters reported that Comcast is preparing a $60 million all-cash bid to usurp Disney’s $52 billion offer for 21st Century Fox’s media assets.

Goldman, Others Provide $15.05B Fox Facility to Support Sky Acquisition

Goldman Sachs and a group of banks committed to providing a £12.2 billion ($15.05 billion) bridge loan facility to finance 21st Century Fox’s acquisition of UK-based media company, Sky.