Reportedly, Comcast CMCSA is ready to pay more than Disney’s DIS offer of $52.4 billion for 21st Century Fox’s FOXA assets, only if a federal judge approves AT&T's T planned takeover of Time Warner TWX.According to regulatory filing, Comcast along with Verizon Communications VZ had been an early suitor for Fox’s assets that includes Twentieth Century Fox Film and Television studios, as well as cable and international TV businesses.However, Fox didn’t find Verizon’s all-stock offer lucrative at that time. The company also rejected Comcast’s offer due to regulatory concerns. The cable giant had also suggested divestitures, which however, failed to satisfy Fox’s management.Moreover, Comcast’s refusal to entertain a reverse break-up fee, in case of a regulatory blockage sealed the fate of the deal. Notably, Disney’s offer for Fox’s assets includes a $2.5 billion termination fee clause. However, the offer of $29.54 per share is lower than Comcast’s previous offer of $34.41 per share.Comcast Planning an All-Cash BidPer CNBC, “Comcast originally touted its strong stock as a reason for Fox to accept a deal from the largest U.S. cable provider instead of Disney.” Comcast Corporation Price and Consensus Comcast Corporation Price and Consensus | Comcast Corporation Quote However, shares of Comcast have declined 18.5% since Disney’s announcement of Fox’s asset acquisition. The company now believes an all-cash bid will find preference from Fox’s shareholders.Notably, Comcast has also submitted a $31-billion offer to take over Sky plc. Fox which holds 39% stake in Sky. It had earlier offered $16.5 billion to take over the remaining assets of Sky, which however, were marred by regulatory intervention.Fox had expected the deal to complete in mid-2018, which is now uncertain following Comcast’s higher bid.Why Comcast is So Eager to Buy Fox & Sky Assets?Fox’s asset and Sky acquisition will boost Comcast’s international exposure. Per Bloomberg, Fox’s Star operates 58 channels in eight languages in India, while Sky is one of the largest pay-TV companies in Europe.The deal will consolidate two of the six major Hollywood studios under one banner and will help Comcast compete against the likes of Netflix and Amazon Prime.Fox’s large library of TV shows and movies like The Simpsons and Avatar will also boost Comcast’s content portfolio.The Murdoch Factor Can Save DisneyComcast’s premium price offering will surely escalate tension in the Fox-Disney deal. In fact, a shareholder like TCI Fund Management, which owns almost 7.4% stake per Reuters, believes that Fox’s board should sell the company to the highest bidder.However, Comcast can find it difficult to win over Rupert Murdoch, largest shareholder of Fox, through an all-cash deal, as it will attract significant capital gain tax. This can finally help Disney to clinch the deal.Zacks RankCurrently, both Comcast and Disney has a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.Wall Street’s Next AmazonZacks EVP Kevin Matras believes this familiar stock has only just begun its climb to become one of the greatest investments of all time. It’s a once-in-a-generation opportunity to invest in pure genius.Click for details >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Time Warner Inc. (TWX): Free Stock Analysis Report The Walt Disney Company (DIS): Free Stock Analysis Report AT&T Inc. (T): Free Stock Analysis Report Verizon Communications Inc. (VZ): Free Stock Analysis Report Comcast Corporation (CMCSA): Free Stock Analysis Report Twenty-First Century Fox, Inc. (FOXA): Free Stock Analysis Report To read this article on Zacks.com click here.