Disney Ups Its Fox Bid to $71.3 Billion, Pulling Ahead of Comcast's Offer

New cash-and-stock deal comes ahead of Fox shareholders meeting

The Walt Disney Company isn’t going to let Comcast swoop in and derail its deal for 21st Century Fox without a fight. This morning, Disney and Fox announced that the companies have agreed to an amended acquisition agreement that raises Disney’s bid to $71.3 billion, well ahead of Comcast’s $65 billion offer one week ago and its initial $52.4 billion deal in December.