BIDDING WAR EXPECTED FOR FOX TV, MOVIE ASSETS
21st Century Fox is expected to consider Comcast’s $65 billion bid for a collection of Fox entertainment assets. That proposal surpasses one made in December by The Walt Disney Co., which offered $52.4 billion in stock and cash for the assets, including Fox TV and movie studios. Wall Street analysts expect a heated bidding war for Fox’s assets, which include Fox’s 30 percent share of streaming service Hulu and a 39 percent stake in U.K.-based pay-TV and broadband provider Sky.