If AT&T’s deal is approved, it’s expected that Disney’s stock may take a hit, given the pending Comcast offer.
Now, it looks like Comcast is set to formally announce their bid on Wednesday, pending one very important detail.
If Comcast beats out Disney’s offer, then they will be in control of those properties.
Today, U.S. District Court Judge Richard Leon will either approve or disapprove of AT&T’s pending deal to acquire Time Warner.
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