Fox shares ascend over sale assumption


(MENAFN) Shares in 21st Century Fox have soared as reports that big firms have appeared as suitors for parts of its business.

After many sources reported interest from Comcast, Sony and Verizon, the company's shares have earned over 6% on Friday.

The company was believed to have had talk with Disney last week, but it hasn't directly mentioned the speculation.

The Wall Street Journal has reported that Fox is thinking about detaching its movie studio, cable networks and international businesses, even Europe-based broadcaster Sky.



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