Things are apparently getting a lot realer.

The Walt Disney Co. (DIS) - Get Report is prepared to offer Twenty-First Century Fox (FOX) - Get Report cash if the latter's board demands it. 

CNBC reported on Tuesday, May 29 that sources familiar with the possible merger have said that the entertainment giant is gathering financing to prepare for the possibility. 

Fox has agreed to sell most of its movie and TV assets for $52.4 billion to Disney. 

But the dream may not come true. Comcast Corp. (CMCSA) - Get Reportannounced on May 23 that it was in the "advanced stages" of making an all-cash offer to Twenty-First Century Fox for an amount higher than what Disney is offering.

When the markets closed on Tuesday, Disney was down nearly 3%, while both Twenty-First Century Fox and Comcast were down nearly 1%

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