The 10 largest corporate mergers in U.S. history

Comcast makes $65 billion bid for majority of 21st Century Fox assets

FBN’s Edward Lawrence discusses Comcast’s $65 billion bid for 21st Century Fox assets.

Merger mania has reached a fever pitch in corporate America as Comcast announced Wednesday a $65 billion all-cash bid to acquire 21st Century Fox assets.

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21st Century Fox previously agreed to sell its entertainment assets, including the Twentieth Century Fox film and TV studios along with cable and international TV businesses, to Walt Disney. The deal was for $52.4 billion in stock.

Comcast’s rival bid came one day after a federal judge cleared AT&T’s $85 billion buyout of Time Warner. When completed, the AT&T- Time Warner deal will be the fourth largest in the history of North America.

Upon the recent mega-deal announcements, FOX Business takes a look at the largest M&A transactions in North America.

1. America Online acquires Time Warner

  • Value: $164.75 billion
  • Year: 2000

2. Verizon Communications acquires Verizon Wireless

  • Value: $130.3 billion
  • Year: 2013

3. Pfizer acquires Warner-Lambert Co

  • Value: $89.17 billion
  • Year: 1999

4. AT&T acquires Time-Warner (pending)

  • Value: $85.41 billion
  • Year: 2016

5. Exxon Corp acquires Mobil Corp

  • Value: $78.95 billion
  • Year: 1998

6. AT&T acquires BellSouth Corp

  • Value: $72.67 billion
  • Year: 2006

7. Travelers Group acquires Citicorp

  • Value: $72.56 billion
  • Year: 1998

8. Comcast Corp acquires AT&T Broadband & Internet Services

  • Value: $72.04 billion
  • Year: 2001

9. Actavis PLC acquires Allergan

  • Value: $68.45 billion
  • Year: 2014

10. Pfizer acquires Wyeth

  • Value: $67.29
  • Year: 2009

[Sources: Thomson Financial, Institute for Mergers, Acquisitions and Alliances (IMAA) analysis]

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