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Disney ‘lining up financing in case Fox board demands cash’

Company is preparing for possibility of Comcast's counter offer

The Walt Disney Company is reportedly lining up financing in case it needs to make a cash offer for 21st Century Fox.

It’s in response to Comcast’s plans to gatecrash Disney and Fox’s agreement, reached last December.

According to CNBC, Disney is preparing to counteract Comcast’s all-cash plan should Fox’s board decide it wants cash as part of Disney’s deal, which currently is all stock.

The report suggests Disney is looking at whether to add cash on top of its existing £49 billion offer or to change the bid to include a mixture of cash and stock.