Zarex
Avenger
- Joined
- May 16, 2012
- Messages
- 10,816
- Reaction score
- 4,445
- Points
- 103
Disney may not have a choice. Comcast is bigger than Disney. Comcast has $180+ billion in assets. Disney has $95 billion in assets. Comcast revenue is $84 billion. Disney's is $55 billion. If Comcast really wants Fox they have the ability to outbid Disney.
Disney is bigger in terms of market cap ($158.5B to $147B) and Comcast will be in a very precarious situation in regards to its long term debt if it's bid is accepted ($170B in debt and a rating drop in a time of rising rates). Iger may lose, but it won't be due to a lack of ability.
