Why Comcast Wants to Buy a Big Piece of Fox, and Why PayPal Wants Out of the Consumer Loan Game
In this segment of the Motley Fool Money podcast, host Chris Hill, Million Dollar Portfolio's Jason Moser and Matt Argersinger, and Total Income's Ron Gross talk about the latest potential big entertainment industry deal.
First, it was Disney (NYSE: DIS) looking to buy the lion's share of Fox's (NASDAQ: FOX) (NASDAQ: FOXA) entertainment assets. Now it's Comcast (NASDAQ: CMCSA) talking acquisition -- and, worth noting, whichever wins takes majority control of Hulu. Then, they break down their views on why ever-expanding payment platform specialist PayPal (NASDAQ: PYPL) has decided the consumer loans aren't what it wants to be in. It may be less an issue of a business direction choice and more a balance sheet maneuver.
A full transcript follows the video.
Source: Fool.com
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