Is Verizon No Longer Interested in Fox?
Verizon (VZ) was one of the companies that reportedly made an offer to buy the majority of Twenty-First Century Fox’s (FOX) (FOXA) assets. It came before the media conglomerate, controlled by the Murdoch family, chose to strike a deal with the Walt Disney Company (DIS) instead. Comcast (CMCSA) is another potential buyer whose offer Fox rejected.