Uk Culture Secretary To Offer Verdict On Fox Bid For Sky

LONDON (AP) — Britain's culture secretary is set to offer his verdict on 21st Century Fox's 11.7 billion-pound bid ($16.4 billion) to buy the 61 percent of the U.K. satellite broadcaster Sky it doesn't already own. Matt Hancock's statement on Tuesday will lay out whether the government will block or permit the deal subject to certain conditions. Rupert Murdoch's 21st Century Fox has stumbled in its efforts to take full control of Sky because of regulatory concerns over the extent of Murdoch's influence on British media.Read more on NewsOK.com

Topics:  london ap     britain   u.k    matt hancock   rupert murdoch   murdoch   british   newsok   century fox   sky   offer   verdict   bid   culture secretary   

 

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