
Twenty-First Century Fox can squeeze another $5 billion out of its suitors – or so the market seems to be suggesting. Back out the bits of Rupert Murdoch’s media empire that dueling bidders Comcast and Walt Disney don’t want, adjust for the time value of money, and investors are expecting Fox’s crown jewels to fetch as much as $76 billion, or $41 a share. Disney is ahead by a nose after offering $71.3 billion, or $38 a share, this week for Fox’s entertainment and international bits. Comcast may counter, but either winner leaves behind some of Fox’s assets, meant to