Comcast Makes Higher Offer For Sky, Tops Fox Bid

Comcast Corp on Wednesday raised its offer for Britain's Sky in a deal valuing the pay-TV group at $34 billion, challenging a raised bid from Twenty-First Century Fox .

Topics:  comcast corp   britain's sky   twenty-first century   fox   offer   bid   raised   
  • Clash of the (media) titans: What drove the Fox, Comcast, Disney bidding war over Sky?
    Fox initially attempted to purchase the remaining 61% of Sky that it does not currently own and made a £19bn offer for the remaining two-ish thirds of the broadcaster. On 27 February, Comcast made a s...
    09/24/2018 - 3:00 am | View Link
  • Go Big or Go Home: Disney, Comcast Square Off in Auction for Sky
    In early June, Comcast offered $65 billion for the Fox assets. A week later Disney raised its offer to $71 ... assets the stake in Sky. Disney could decide to let Comcast win after forcing the bid hig...
    09/20/2018 - 10:35 pm | View Link
  • Fox, Comcast may duke it out for UK-based Sky this weekend
    Comcast now has the highest bid, so Fox, which already owns 39 percent of Sky — offering $18.50 per share in its latest offer ... tops Comcast’s current high bid of $19.50, the cable operator, in a se...
    09/20/2018 - 3:00 am | View Link
  • Comcast raises bid for Sky to $34 billion, tops Fox's offer
    However, British regulators have indicated that if Disney succeeds in buying Fox, including the 39 percent stake in Sky, it would be required to offer the same price for the remainder of Sky. Accordin...
    07/25/2018 - 8:54 am | View Link
  • Fox Ups Bid For Sky, Comcast Makes Counterbid
    Disney’s latest offer, made in June, tops Comcast's offer -- which includes the Fox-owned Sky stake -- at $71.3 billion. In midday trading, Comcast stock was up 1.9% to $33.96, while Disney's stock wa...
    07/11/2018 - 2:48 pm | View Link
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  • Counteroffer | Definition of Counteroffer by Merriam-Webster
    Recent Examples on the Web. Murdoch has agreed to sell Fox’s entertainment assets to Disney, including Fox’s 39% stake in Sky, though Comcast is considering making another counteroffer for the Fox portfolio. — Bloomberg,, "British government to announce Fox-Sky deal decision by Thursday," 10 July 2018 Murdoch has agreed to sell Fox’s entertainment assets including its stake ...
    11/8/2018 - 2:45 am | View Website
  • M&A |
    IBM aims to boost its strategic imperatives with $34 billion acquisition of Red Hat. IBM has announced by far the largest acquisition in its history with the acquisition of cloud and open source software vendor Red Hat.
    11/7/2018 - 4:12 am | View Website
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    Get the latest science news and technology news, read tech reviews and more at ABC News.
    11/6/2018 - 2:26 am | View Website
  • CMCSA Stock Price
    Comcast Corp. Cl A stock price, stock quotes and financial overviews from MarketWatch.
    11/5/2018 - 3:41 pm | View Website
  • U.K. Takeover Body Hikes Price Disney Would Need to Offer ...
    The panel governing takeovers in the U.K. has raised the price Disney would be obliged to offer to buy Sky if Disney completes a deal for 21st Century Fox assets before either Fox or Comcast ...
    07/12/2018 - 11:45 pm | View Website
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