Outfoxed Comcast looks to the Sky
US telco conglomerate Comcast has decided it can’t be bothered with 21st Century Fox but is still really keen on Sky.
US telco conglomerate Comcast has decided it can’t be bothered with 21st Century Fox but is still really keen on Sky.
The bidding war for Sky is really hotting up with Comcast barely pausing for thought before trumping Fox’s latest acquisition offer.
21st Century Fox has put in an increased offer to buy those bits of Sky it doesn’t already own, beating an earlier counter-offer from Comcast.
A mere two days after a judge rejected the US government’s attempt to block it, AT&T has completed its $85.4 billion acquisition of Time Warner.
A protracted assessment of Twenty-First Century Fox’s desire to acquire the 60% of Sky it doesn’t already own has concluded something needs to be done about Sky News.
Giant US telco Comcast has upstaged Rupert Murdoch by offering £12.50 per share – around £22 billion – for Sky.
The Competition and Markets Authority (CMA) has blocked Rubert Murdoch’s and Fox’s $11.6 billion attempt to full control of Sky on the grounds of media plurality.
Media mogul Rupert Murdoch has decided the entertainment business is too much like hard work and has flogged most of 21st Century Fox to Disney.
The bureaucratic bouncy ball has been given a new lease of life with Ofcom passing the Fox/Sky merger buck to the Competition and Markets Authority.
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