In the world of media properties there are only a few global ones and both Disney and Comcast wish to get bigger by buying Fox. In an article by Sonam Rai and Liana B Baker of Reuters, Comcast has expressed an interest in buying Fox for cash. Disney was offering cash and stock. Cash is always nice but for Fox’s largest shareholder Rupert Murdoch cash would mean a large capital gains tax payable. The assets Mr. Murdoch would keep at Fox would be Fox News, Fox Business Network and Fox Sports. The assets for sale are Fox’s film, TV and international businesses including Sky PLC in Europe.

An interesting quote was made by Brian Wieser an analyst at Pivotal Research – AT&T wants to buy Time Warner. The President has made comments on the proposed deal, the analyst says it depends if AT&T and Time Warner is passed by regulators if there will be one than one bid for Fox.

Linking to dividend paying stocks, the larger the deal the more governments need to ok the deal in a nod to consumers. In this fashion, when rates go up the government can say the company made a commitment to do something or other. Working with the government is important.

There are more questions than answers, till the next time – to raising questions.