Comcast is planning a $60 billion all-cash bid to top Walt Disney on its deal to acquire most of Twenty-First Century Fox’s assets, if the U.S. government approves AT&T‘s acquisition of Time Warner, according to people familiar with the matter.
previously reported that Comcast was talking to banks about obtaining bridge financing in preparation for a possible all-cash bid.
Comcast declined comment. Fox and Disney did not immediately respond to requests for comment.
Reuters and CNBC”s David Faber contributed to this report.
Disclosure: Comcast is the owner of NBCUniversal, parent company of CNBC and CNBC.com.
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