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Disney ups its bid for Fox to counter Comcast

Disney sweetened its bid for 21st Century Fox Wednesday, raising it to $71.3 billion in cash and stock to counter a rival bid from Comcast.

Disney's amended offer of $38 per share comes a week after Comcast, the largest US cable provider and owner of NBCUniversal, bid $65 million for prized 21st Century Fox assets being shed by Rupert Murdoch's family empire. DM

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