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A comment on Comcast, in 2nd Try, Offers $65B Cash for 21st Century Fox.

Re:Comcast, in 2nd Try, Offers $65B Cash for 21st Century Fox by tnn225 on Wednesday June 13, 2018 @06:16PM (#17307472)
At $80B market cap, why would 21st Centure Fox be sold at either $65B or $52.4B?

https://finance.yahoo.com/quote/FOX/

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Re:Comcast, in 2nd Try, Offers $65B Cash for 21st Century Fox by BigChiefSmokem on Wednesday June 13, 2018 @06:22PM (#17307506)
From last year's merger notes:

"As part of the Disney-Fox merger, 21st Century Fox will spin off Fox News, Fox Business, and the Fox broadcasting network into a new, separately traded company...

The new company under which Fox News will operate has yet to be named, but it will be a lot leaner, which may ultimately work in the network’s favor. Right now, it’s just being referred to as New Fox. (The company will also include FS1, FS2, and Fox Television Stations Group, Big Ten Network.)"

I'm guessing Fox News is worth the other $15 billion to the Murdochs.

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