By Mark Gongloff
The media-merger frenzy took a breather today. So far this week, a judge has ruled AT&T Inc. can buy Time Warner Inc. with no conditions, and Comcast Corp. offered $65 billion to buy 21st Century Fox Inc. entertainment assets, outbidding Walt Disney Co. So who’s next? There has been an annoying lack of media-merger news in the past 24 hours!
Expect Disney, for one, to make another try at those Fox assets, writes Tara Lachapelle. Comcast left plenty of room in its offer for Disney to trump it without much trouble, Tara points out. Speaking of Trump, the president’s Justice Department might have an easier time looking the other way at a Fox deal with Disney than one with Comcast, which owns NBC News, a frequent target of the president’s rage. And Comcast probably lacks the financial wherewithal for a real bidding war with Disney.
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