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Why Twenty-First Century Fox Inc. Shares Popped 7% Today

TheMotleyFool

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Why Twenty-First Century Fox Inc. Shares Popped 7% Today

Shares of Twenty-First Century Fox Inc. (NASDAQ: FOX) (NASDAQ: FOXA) jumped as much as 7.3% in trading Friday after news broke that Comcast (NASDAQ: CMCSA) is interested in buying some of the company's assets.

Reports have surfaced that Disney (NYSE: DIS) has been interested in buying Twenty-First Century Fox's TV and movie studios and international businesses. The latter company would keep the Fox network and Fox News, plus some related networks focusing on news and sports.

Image source: Getty Images.

Source: Fool.com