Oh... forgot to add this to the discussion.
The only way Marvel doesn't buy Fox is because they don't want to because …
It's a big week for the Fox, Disney, Comcast saga; here's what to expect
As 21st Century Fox’s board of directors prepares this Wednesday to weigh Comcast’s still-fresh, gargantuan $65 billion
cash offer, things could move quickly. That’s especially true for Comcast, who, according to federal law and provisos already written into Fox’s
initial Disney agreement, will be seen as the pursuing party with the greatest burden in proving the worth of its rival offer.
If Fox’s board likes Comcast’s $65 billion offer enough to give it an up vote this week, Disney will have five business days to make a counteroffer. It may seem like a tight window, but it still puts Disney in the enviable position of having the final opportunity at making a pitch.
“If Disney returns with a counter bid Fox likes, the ball is back in Comcast’s court…But unlike Disney, Comcast wouldn’t have the luxury of time,” reports The New York Times.
Fox chair Rupert Murdoch and his family have the luxury of inserting a bit of gamesmanship into the negotiations,
NYT adds, a tactic that could send Fox’s day-to-day stock values higher as the company’s assets appear more and more desirable in such a high-profile competition. But if Disney returns to Fox with an appealing offer of its own, it’ll be up to Comcast — not Disney — to act fast.
“That’s because it [Comcast] has to negotiate within the confines of the merger agreement already laid out between Disney and Fox, which has built in some protections for Disney, specifically what is known as the right of last refusal,” NYT reports. “In other words, Disney will always have a chance to counter Comcast until it decides it has had enough.”
