Comcast makes 65 billion offer for 21st Century Fox assets as bidding war with Disney heats up FOXA, CMCSA, DIS

Get the Full StoryREUTERS Rick Wilking

Comcast has officially bid 65 billion for 21st Century Fox, topping Disney's 52 billion offer.

The proposal comes one day after a court approved AT&T's 85 billion merger with Time Warner.

Comcast made its highly-anticipated bid for 21st Century Fox official, offering 65 billion for the company excluding the Fox News and Fox Business channels.

The bid, 35 per share in cash, is roughly 24 higher than Disney's previous offer of 52 billion for the company's production assets and movie franchises.See the rest of the story at Business InsiderNOW WATCH: Why so many fast food logos are redSee Also:The 30 rudest cities in America, where manners are basically a foreign conceptShare your opinion Become a BI Insider todayA dentist shares 5 at-home teeth whitening products actually worth buyingSEE ALSO: