Money | Disney Battle for Fox Heats Up as Disney Boosts Offer Disney has now outbid Comcast By Evann Gastaldo Posted Jun 20, 2018 11:05 AM CDT Copied In this Aug. 8, 2017, file photo, the Walt Disney Company logo appears on a screen above the floor of the New York Stock Exchange. (AP Photo/Richard Drew, File) After Comcast challenged Disney by offering $65 billion for 21st Century Fox, Disney is challenging Comcast right back. Disney had initially offered $52.4 billion in stock for Fox's entertainment businesses, and on Wednesday it increased its bid to $70.3 billion, composed of half stock and half cash, the Wall Street Journal reports. Comcast's bid is all cash. One analyst tells the AP the bidding war could reach between $75 billion and $80 billion; CNNMoney noted earlier this week that if Comcast wins, it will become the second most indebted company in the world by dollars. Read These Next North Carolina shooting suspect once walked the red carpet. The gunman who killed 4 at a Michigan church was an ex-marine. 'We heard a big bang,' says churchgoer in Michigan Skydivers leap from plane 2 minutes before fatal crash. Report an error