June 14, 2018 at 10:20 AM EDT
Dow Jones Today Moves Higher as Comcast Makes Bid for Fox
The Dow Jones News Today: The Dow Jones Futures projected a 35-point gain after Comcast Corporation has made an aggressive offer for the assets of 21st Century Fox. The cable and internet giant has offered $35 per share, countering the offer recently made by Walt Disney Co. The all-cash offer is a 19% premium to Disney’s offer and brings Fox’s valuation to $65 billion. Shares of FOX gained nearly 1% in premarket hours. Tags: dow jones today To get full access to all Money Morning content, click here About Money Morning: Money Morning gives you access to a team of ten market experts with more than 250 years of combined investing experience – for free . Our experts – who have appeared on FOXBusiness, CNBC, NPR, and BloombergTV – deliver daily investing tips and stock picks, provide analysis with actions to take, and answer your biggest market questions. Our goal is to help our millions of e-newsletter subscribers and Moneymorning.com visitors become smarter, more confident investors. Disclaimer: © 2018 Money Morning and Money Map Press. All Rights Reserved. Protected by copyright of the United States and international treaties. Any reproduction, copying, or redistribution (electronic or otherwise, including the world wide web), of content from this webpage, in whole or in part, is strictly prohibited without the express written permission of Money Morning. 16 W. Madison St. Baltimore, MD, 21201. The post Dow Jones Today Moves Higher as Comcast Makes Bid for Fox appeared first on Money Morning – We Make Investing Profitable .