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After AT&T's $85 billion takeover of Time Warner comes the deluge; Comcast makes $65 billion lunge for Fox
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After AT&T's $85 billion takeover of Time Warner comes the deluge; Comcast makes $65 billion lunge for Fox

Comcast bid $65 billion for Fox's entertainment business on Wednesday, a day after a federal judge has cleared AT&T's $85 billion takeover of Time Warner. If Comcast succeeds in outbidding Disney for Fox, it would give a major cable distributor control even more channels on its lineup and those of its rivals. There are fears that it could lead to higher cable bills or hinder online alternatives.