The Presidential Daily Brief


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    Reports: Comcast Could Crash Disney-Fox Deal

    It’s an offer they can’t refuse. Last year, media conglomerate 21st Century Fox agreed to sell its entertainment assets to Disney for $52.4 billion in stock. But now cable giant Comcast is reportedly looking to sink that deal with a hostile bid of $60 billion in cash. If Comcast can follow through on the deal — which depends on the success of AT&T’s $85 billion acquisition of Time Warner — it could boost Comcast in the race against Fox to gain a controlling stake in European media company Sky.

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