Disney Ups Its Fox Bid to $71.3 Billion, Pulling Ahead of Comcast’s Offer

New cash-and-stock deal comes ahead of Fox shareholders meeting

Disney chairman CEO Robert Iger and 21st Century Fox executive chairman Rupert Murdoch have revised their merger deal. Disney

The Walt Disney Company isn’t going to let Comcast swoop in and derail its deal for 21st Century Fox without a fight. This morning, Disney and Fox announced that the companies have agreed to an amended acquisition agreement that raises Disney’s bid to $71.3 billion, well ahead of Comcast’s $65 billion offer one week ago and its initial $52.4 billion deal in December.

@jasonlynch jason.lynch@adweek.com Jason Lynch is TV Editor at Adweek, overseeing trends, technology, personalities and programming across broadcast, cable and streaming video.