(Reuters) – Twenty First Century Fox Inc’s shares rose 8 percent to a record-high on Wednesday as approval for AT&T’s buyout of Time Warner Inc spurred speculation that Comcast Corp would proceed with an offer for most of the media company’s assets.

Fox, media firms rise after AT&T-Time Warner approval

Any comments?

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.