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.

U.S. M&A Lending Hits Record $129B

Reuters reported a half-year record of $129 billion in lending to top U.S. companies for M&A activities thanks to record fee income.

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.

J.P. Morgan, Others Advise Time Warner/Comcast Merger

Comcast and Time Warner Cable announced their boards of directors approved a definitive agreement for Time Warner Cable to merge with Comcast. J.P. Morgan, others acted as advisors.

JPMorgan Said to Advise Comcast on Time Warner Bid

Reuters reported that Comcast has tapped JPMorgan Chase for advice in evaluating a potential bid for Time Warner Cable, sources told Reuters.

GE Sells Stake in NBCUniversal to Comcast for $18B

GE announced the sale of its remaining 49% common equity interest in its joint venture with Comcast, which includes NBCUniversal (NBCU), as well as the NBCU floors in 30 Rockefeller Center, for $18.1 billion.