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Deals Rumor Mill: Fox, Prudential, Nextel

By Adam Rhodes (June 28, 2018, 10:53 PM EDT) -- Twenty-First Century Fox shareholder TCI Fund Management wants Comcast Corp. to have more time to make a higher bid for the assets currently promised to Disney, Reuters reported on Thursday. Citing a letter it reviewed, Reuters reported that the investor is currently lobbying Fox's executive chairman, Rupert Murdoch, for the extra time. The report says that the investor owns a stake of less than 10 percent in Fox. The report comes after Disney agreed last week to sweeten its bid for the Fox film and television studios to $71.3 billion in response to a roughly $65 billion rival offer from Comcast....

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