Comcast drops bid for Fox assets, leaving Disney as the sole suitor


Comcast Corp said on Monday it had abandoned its bid for most of the assets of Rupert Murdoch's Twenty-First Century Fox Inc, leaving Walt Disney Co as the sole suitor in pursuit of the $40 billion-plus deal.

Sources told Reuters last week that Disney was in the lead to acquire the assets, which include Fox's FX and National Geographic cable channels, its movie studio, the Star network in India and stake in European pay-TV provider Sky PLC. The Murdoch family, which controls Fox, prefers a deal with Disney because it would.....

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