Comcast plans to make an all-cash bid for Fox if AT&T-Time Warner is approved, sources say

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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Fox rejects Comcast bid due to antitrust concerns

Fox rejects Comcast bid due to antitrust concerns