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Comcast says it is prepping superior bid for 21st Century Fox assets than Disney's

Comcast Corp. CMCSA, +0.53% on Wednesday showed that it is thinking about a transfer to thwart the $52.four billion deal struck between 21st Century Fox Inc. FOXA, +0.61% and The Walt Disney Co. DIS, +0.01% by swooping in with a larger offer of its personal. The proprietor of NBC Universal said it's in complex phases of preparing a superior bid. "Any offer for Fox would be all-cash and at a premium to the value of the current all-share offer from Disney," the corporate said in a observation. "The structure and terms of any offer by Comcast, including with respect to both the spin-off of "New Fox" and the regulatory risk provisions and the related termination fee, would be at least as favorable to Fox shareholders as the Disney offer." Disney has agreed to buy Fox belongings, together with its movie and TV studios and international pay-TV houses, however aside from the Fox News channel, Fox Business Network, Fox Broadcasting Company and certain other belongings. Comcast stocks fell 1.6% premarket on the news, while Fox rose 0.three% and Disney slid 0.6%. S&P 500 futures SPX, -0.31% have been down 0.7%.