Disney under gun to respond to Comcast's $87 bil Fox bid

(June 14): Your move, Disney.

After Comcast Corp. made a US$65 billion ($87 billion) bid on Wednesday for 21st Century Fox Inc.’s entertainment assets -- the same holdings that Walt Disney Co. had agreed to buy for about US$52.4 billion -- the Mouse House is under pressure to respond.

At stake is a trove of media properties, ranging from “The Simpsons” to “X-Men,” that are key to Disney fending off the threat from Netflix Inc. and other streaming upstarts. The question is whether Disney can convince Fox investors that it’s still the most compelling partner.

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