Comcast Raises Bid For Sky To $34 Billion, Tops Fox's Offer

Comcast Corp on Wednesday raised its offer for Britain's Sky in a deal valuing the pay-TV group at $34 billion, topping a raised bid of $32.5 billion from Rupert Murdoch's Twenty-First Century Fox .

BING NEWS:
  • Fox Agrees to Sell Sky Stake to Comcast; Disney to Use $15B Cash to Reduce Debt
    Comcast, which topped the best-and-final offer of £15.67 from Fox and Walt Disney Co. (DIS) with a £17.28 bid that valued Sky at £30.6 billion ... the sale of Fox's Sky holdings will ...
    09/26/2018 - 3:53 am | View Link
  • Sky: Comcast outbids Fox with £30bn bid for broadcaster
    Comcast's bid equated to £17.28 per share, beating Fox's of £15.67 per share. Fox had looked set to take over the 61% of Sky it does not already own until Comcast topped its bid. In July ...
    09/22/2018 - 8:05 am | View Link
  • Rupert Murdoch's Sky bid challenged by Comcast
    Fox's Sky bid has not been viewed favourably by the UK's competition authority, which in January provisionally found that it would not be in the public interest. The Competition and Markets ...
    02/26/2018 - 11:00 am | View Link
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