Disney Raises Offer for Fox to $38-a-Share

The transcript discusses Disney's aggressive bid for 21st Century Fox, surpassing Comcast's offer. Disney's bid is seen as crucial for its long-term strategy to shift towards direct-to-consumer services. Comcast may need to restructure its bid due to financial constraints. Rupert Murdoch prefers Disney's offer due to potential stock appreciation and tax benefits. The Fox board is evaluating both bids, with Disney's offer currently favored.

What strategic shift is Disney aiming for with its bid for 21st Century Fox assets?

• Expanding its theme parks

• Relying more on traditional pay TV bundles

• Focusing on merchandise sales

• Moving towards a direct-to-consumer model

Why might Comcast need to restructure its bid for 21st Century Fox?

• To improve its theme park business

• To focus on international markets

• To increase its cash offer

• To reduce its debt-to-cash flow ratio

What is a major reason for Comcast's reluctance to include stock in their bid?

• They want to avoid regulatory scrutiny

• They prefer an all-cash offer

• Their stock is overvalued

• Their stock is underperforming

Why does Rupert Murdoch prefer Disney's bid over Comcast's?

• Disney offers more cash

• Disney's bid provides tax benefits

• Comcast's bid is less credible

• Comcast's bid is more complex

What is the 21st Century Fox board's likely decision regarding the bids?

• Support Comcast's bid

• Reject both bids

• Wait for a higher offer

• Support Disney's bid