Fox says no plans to bid for sports networks Disney may sell

11 Jan 2019

Fox says no plans to bid for sports networks Disney may sell

Twenty-First Century Fox (O:FOXA) said http://www.sec.gov/Archives/edgar/data/1308161/000119312519006651/0001193125-19-006651-index.htm on Friday it does not plan to bid for any of the regional sports networks that Walt Disney Co (N:DIS) may sell to win U.S. Justice Department's approval for its purchase of Fox's film and TV assets.

Fox Chairman Lachlan Murdoch said in November it was still an "open question" whether the company will buy back the regional sports networks it sold to entertainment company Walt Disney Co (N:DIS) in July as part of the $71 billion deal.

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