Wrap, The
Liberty Media Pulls Planned $1.16 Billion Investment in iHeartMedia (Wrap, The)
Submitted by Robbie McBeath on Fri, 06/22/2018 - 13:51Does Disney or Comcast Have a Better Shot at Regulatory Approval for Fox Deal?
While offering billions in a bidding war for most of 21st Century Fox’s TV and film assets, both Disney and Comcast are also on the front lines of a battle of words, each trying to position its bid as the one most likely to gain regulatory approval from the government. To be sure, both deals would likely be scrutinized by the Justice Department for different reasons. “I’m not prepared to say which is better positioned,” said Georgetown Economics and Law professor Steve Salop .