The Rebooted "Keep Hope Alive" (that the rights can revert back to Marvel) Thread - - - - - - - - - - - Part 20

[marcvader]

I love Islands of Adventure way more than the Universal Studios proper because of the Marvel portion. I would love a Disney "Marvel Land" though in the same manner they're going about for Star Wars Land.

 

[Detective Conan]

Here’s a bit more info.

Comcast, which made a $65 billion all-cash offer for the Fox assets last month only for Disney to raise its bid, is talking to private equity firms, including Apollo Global Management LLC and Blackstone Group LP, to gauge interest about acquiring the RSNs, the sources said. It is possible that a telecommunications or media company might also express interest in purchasing the RSNs, the sources added.
Comcast believes finding such partners will not only allow it to argue that it can win antitrust approval for the Fox assets as easily as Disney, but will also boost its finances as its prepares to make a second all-cash offer later this month, the sources said.
Fox shareholders are scheduled to vote on the Disney deal on July 27. Comcast is planning to make its bid before then, according to the sources.

Looks like ol’ Roberts is still not throwing in the towel — he’s still intent on making that second bid. I now fully expect the shareholder meeting scheduled for the 27th of this month to be yet again postponed(unless Disney doesn’t counter-bid Comcast’s inevitable upcoming bid). I’m hoping something comes out of this Sun Valley conference meeting but at this point it may not lead to anything beyond a few awkward stares between Roberts, Iger, and Murdoch.

A second All-cash bid between 90-100 billion dollars will be more than enough to disrupt the Disney deal process, and make shareholders consider the Comcast deal yet again(even despite their misgivings on Comcast’s regulatory approval chances).

 

[wobbly]

RSN's being divested is already covered by Disney (and Disney would likewise recoup money in that event) and Comcast apparently pre emptively finding buyers doesn't address why they would really have a tougher time getting approval.

 

[Zarex]

Here’s a bit more info.



Looks like ol’ Roberts is still not throwing in the towel — he’s still intent on making that second bid. I now fully expect the shareholder meeting scheduled for the 27th of this month to be yet again postponed(unless Disney doesn’t counter-bid Comcast’s inevitable upcoming bid). I’m hoping something comes out of this Sun Valley conference meeting but at this point it may not lead to anything beyond a few awkward stares between Roberts, Iger, and Murdoch.

A second All-cash bid between 90-100 billion dollars will be more than enough to disrupt the Disney deal process, and make shareholders consider the Comcast deal yet again(even despite their misgivings on Comcast’s regulatory approval chances).

Aren't we getting a tad late for a second postponement? The last Kabletown bid came a full month before the voting date. This next one may only give folks two weeks. As Willie has said more than once, plans have been made, flights have been booked, etc.

I think Rupert pushes the vote through regardless of what Comcast does. He wants to move forward with New Fox, have a substantial ownership interest in Big Disney and does not want to owe billions in taxes. Stockholders can choose the bigger Comcast bid by voting no on July 27th and paying Iger his $1.52B.

 

[Detective Conan]

It seems to me that’s Comcast’s strategy: They’ll do a final ultra-bid very close to the voting date which gives the Mouse little if any time to respond with a counter-bid.

I’m not sure what Disney can do now, one would hope they would anticipate Comcast would not wave the white flag so easily and likely have a contingency plan that we’re not all expecting but at this point I’m not sure what the Mouse can do except just call it quits and collect the break-up fee from Comcast.

Oh well I can’t wait to see mediocre Comcast owned Fantastic Four and X-Men films! That’s gonna be a blast, eh?

 

[Zarex]

It seems to me that’s Comcast’s strategy: They’ll do a final ultra-bid very close to voting date which gives the Mouse little if any time to respond with a counter-bid.

I’m not sure what Disney can do now, one would hope they would anticipate Comcast would not wave the white flag so easily and likely have a contingency plan that we’re not all expecting but at this point I’m not sure what the Mouse can do except just call it quits and collect the break-up fee from Comcast.

Oh well I can’t wait to see mediocre Comcast owned Fantastic Four and X-Men films! That’s gonna be a blast, eh?

I believe if the vote is negative for Disney on the 27th Iger can still submit a higher bid the next day. Though it is likely he will take his $1.52B and try elsewhere - Sony, perhaps?

 

[Abudefduf]

Well dammit Roberts, what did I tell you? I specifically asked you to

and I did it multiple times. Come on, Brian. Just give up.

 

[Detective Conan]

I believe if the vote is negative for Disney on the 27th Iger can still submit a higher bid the next day. Though it is likely he will take his $1.52B and try elsewhere - Sony, perhaps?

Nah, Sony is small potatoes compared to the behemoth that is Fox. Fox not only has Star India but a vast libarary of IP’s. Sony in comparison is almost worthless to Disney. If they were up for sale then that it would likely only be their film division and they’re severely bereft of assets at the moment. The only gain for the Mouse purchasing Sony would be full ownership of the Spider-Man movie rights( even then those rights are not as profitable as the merchandising profits — which the Mouse already owns the rights to). Fox is the crown jewel.

Though I do wonder if Time Warner was never bought by AT&T would the Mouse try their pockets on Warners assets? I know Comcast has tried before to take Fox. I think Iger really wants Fox. And he might be willing to overspend since this is a once-in-a-lifetime opportunity for The Mouse to expand globally. Even if it might be better for Iger to walk away from this and cut his losses — something tells me he won’t. Well he won’t if he’s at least able to match Comcast’s bid while continuing to drum home the argument that Disney’s deal is very close to completion & already has the DOJ approval which has proven to be a major cause for concern with Fox shareholders if they were to abandon the Disney deal in favor of a Comcast one.

I hoping Murdoch can at least talk with Roberts to prevent him from bidding further and maybe be open to letting him get Sky at this week’s conference but something tells me that’s quite unlikely. Wishful thinking, perhaps but I need to be a little optimistic. Comcast is such a nuisance.

 

[Iceman]

FT: Fox is preparing a new bid for Sky that would value it at about £25bn in a clear sign it is committed to beating Comcast in the race to acquire the pan-European pay television group.

 

[Detective Conan]

FT: Fox is preparing a new bid for Sky that would value it at about £25bn in a clear sign it is committed to beating Comcast in the race to acquire the pan-European pay television group.

Rather curious as to what happens to this current bidding war for Sky if Comcast does get Fox.

 

[Endeavor]

I love Islands of Adventure way more than the Universal Studios proper because of the Marvel portion. I would love a Disney "Marvel Land" though in the same manner they're going about for Star Wars Land.

Same here. IoA has plenty of other good things going for it, if they take the Marvel portion out I'd still enjoy it... And, Disney could go all out with it's characters, anywhere it wants, which would be good for us fans.

 

[wobbly]

Nah, Sony is small potatoes compared to the behemoth that is Fox. Fox not only has Star India but a vast libarary of IP’s. Sony in comparison is almost worthless to Disney. If they were up for sale then that it would likely only be their film division and they’re severely bereft of assets at the moment. The only gain for the Mouse purchasing Sony would be in full ownership of the Spider-Man movie rights(which even then those rights are not as profitable as the merchandising profits — which the Mouse already owns the rights to). Fox is the crown jewel.

Though I do wonder if Time Warner was never bought by AT&T would the Mouse try their pockets on Warners assets? I know Comcast has tried before to take Fox. I think Iger really wants Fox. And he might be willing to overspend since this is a once-in-a-lifetime opportunity for The Mouse to expand globally. Even if it might be better for Iger to walk away from this and cut his losses — something tells me he won’t. Well he won’t if he’s at least able to match Comcast’s bid while continuing to drum home the argument that Disney’s deal is very close to completion & already has the DOJ approval which has proven to be a major cause for concern with Fox shareholders if they were to abandon the Disney deal in favor of a Comcast one.

I hoping Murdoch can at least talk with Roberts to prevent him from bidding further and maybe be open to letting him get Sky at this week’s conference but something tells me that’s quite unlikely. Wishful thinking, perhaps but I need to be a little optimistic. Comcast is such a nuisance.

I'm not seeing how Comcast lining up potential buyers for the RSN's changes anything. They are only matching what Disney are doing in regards Anti-trust issues, and (as I understand it) Comcast have bigger issues than those RSN's to get past?

Fox have cited their concerns already about that:
https://www.bloomberg.com/news/arti...y-concerns-could-delay-derail-any-comcast-bid

 

[Willie Lumpkin]

I'm not seeing how Comcast lining up potential buyers for the RSN's changes anything. They are only matching what Disney are doing in regards Anti-trust issues, and (as I understand it) Comcast have bigger issues than those RSN's to get past?

Fox have cited their concerns already about that:
https://www.bloomberg.com/news/arti...y-concerns-could-delay-derail-any-comcast-bid

If there's even a small chance they'll make another offer, they need to make some calls, secure some financing and find out how easily they could sell the RSN's and what they'd get.

So they're making those calls and people are saying: "Hey, Comcast called us asking about financing/buying RSN's"

That's an indication that Comcast hasn't completely given up, but it doesn't tell us if they definitely will make another offer or what that offer will be.

At this point, I think their offer needs to be over $90 billion, and that's almost certainly going to be a hard sell to at least some board members.

 

[Detective Conan]

Fox Shareholder Sues to Stop Disney Acquisition


Somewhere Brian Roberts is having a huge smile reading this.

 

[Chip Chipperson]

That will not end well for the one shareholder

Not sure why Brian Roberts would be smiling about something that will have no effect on his already failed attempt to acquire fox

 

[WeaponXCII]

Fox Shareholder Sues to Stop Disney Acquisition


Somewhere Brian Roberts is having a huge smile reading this.

How much does this put the closing of the deal in jeopardy?

 

[Big Bang]

How much does this put the closing of the deal in jeopardy?

Unless a judge issues an injunction. None.

My reading of the lawsuit thus far say he is nitpicking. He wants to drive up the price based on projections for Hulu and Sky results.

This will probably be found meritless and dismissed.

 

[Dark Raven]

Fox Shareholder Sues to Stop Disney Acquisition


Somewhere Brian Roberts is having a huge smile reading this.

It's probably one of the FFINO defenders who used to be on here. Who is it? DigificWriter? The Question? Ant-Maniac? Who else was there?

 

[GoblinScrier]

Fox Shareholder Sues to Stop Disney Acquisition


Somewhere Brian Roberts is having a huge smile reading this.

THEY MUST BE STOPPED AT ALL COST!!!!

 

[Shinobi Shaw]

Bob Iger is an Omega level mutant.

That shareholder will be taken care of.

 

[Chip Chipperson]

Iger is literally Franklin Richards and Hope Summers all wrapped into one

 

[Big Bang]

Roberts: I have another bid!!!

Iger: Nope.

 

[The Infernal]

It's probably one of the FFINO defenders who used to be on here. Who is it? DigificWriter? The Question? Ant-Maniac? Who else was there?

I've been meaning to check the who has been banned threads to see who is still here.

 

[Dark Raven]

Roberts: I have another bid!!!

Iger: Fine. Up yours.

Fixed.

 

[Big Bang]

fixed.