*By Jim Roberts*
The see-saw battle for the assets of 21st Century Fox may take another turn after Comcast said on Monday that it would make an all-cash bid for Fox’s assets if AT&T wins its legal fight to acquire Time Warner, according to a report by CNBC.
A federal judge in Washington is expected to rule Tuesday on AT&T’s $85 billion bid for Time Warner, which has been opposed by U.S. antitrust regulators. The government sought to block the acquisition, fearing that AT&T would use its control over Time Warner content to extract higher licensing payments for popular entertainment.
Those higher costs would likely be passed along to consumers.
Rupert Murdoch agreed in December to sell most of his 21st Century Fox media empire to Disney in a $52-billion all-stock deal.
In the deal, Disney [agreed to buy](https://www.nytimes.com/2018/04/18/business/media/comcast-21st-century-fox-disney.html) the 20th Century Fox studio, Hulu, the FX cable network, and stakes in two overseas television-service providers, Sky of Britain and Star of India. The deal did not include the Fox broadcast network or Fox News.
But BTIG analyst Rich Greenfield [told Cheddar exclusively](https://cheddar.com/videos/rich-greenfield-murdoch-no-longer-set-on-selling-to-disney-for-stock) that Murdoch was no longer set on selling to Disney.
Comcast, which previously made an all-stock bid for the company that Murdoch rebuffed, has suggested for some time that it would prepare an all-cash bid around $60 billion.
On Monday morning, Comcast CEO Brian Roberts told investors that the cable company was in the [“advanced stages”](https://deadline.com/2018/06/brian-roberts-comcast-advanced-stages-offer-fox-annual-shareholders-meeting-1202407754/) of preparing an offer, pending the outcome of the AT&T-Time Warner antitrust suit.
[According to CNBC](https://www.cnbc.com/2018/06/11/comcast-announcing-fox-bid-on-wednesday-if-att-time-warner-approved.html), Comcast executives believe their company’s bid for Fox will put pressure on Disney's shares, putting pressure on Disney to raise the value of it’s all all-stock offer.
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Spain's government has fined Airbnb 64 million euros or $75 million for advertising unlicensed tourist rentals. The consumer rights ministry announced the fine on Monday. The ministry stated that many listings lacked proper license numbers or included incorrect information. The move is part of Spain's ongoing efforts to regulate short-term rental companies amid a housing affordability crisis especially in popular urban areas. The ministry ordered Airbnb in May to remove around 65,000 listings for similar violations. The government's consumer rights minister emphasized the impact on families struggling with housing. Airbnb said it plans to challenge the fine in court.
Roomba maker iRobot has filed for Chapter 11 bankruptcy protection, but says that it doesn’t expect any disruptions to devices as the more than 30-year-old company is taken private under a restructuring process. iRobot said that it is being acquired by Picea through a court-supervised process. Picea is the company's primary contract manufacturer. The Bedford, Massachusetts-based anticipates completing the prepackaged chapter 11 process by February.
Serbia’s prosecutor for organized crime has charged a government minister and three others with abuse of position and falsifying of documents related to a luxury real estate project linked to U.S. President Donald Trump’s son-in-law Jared Kushner. The charges came on Monday. The investigation centers on a controversy over a a bombed-out military complex in central Belgrade that was a protected cultural heritage zone but that is facing redevelopment as a luxury compound by a company linked to Kushner. The $500 million proposal to build a high-rise hotel, offices and shops at the site has met fierce opposition from experts at home and abroad. Selakovic and others allegedly illegally lifted the protection status for the site by falsifying documentation.
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