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Comcast offers $31 billion to buy pay-TV group Sky, challenges Murdoch
Source: Reuters
BUSINESS NEWS FEBRUARY 27, 2018 / 2:16 AM / UPDATED 8 MINUTES AGO
Comcast offers $31 billion to buy pay-TV group Sky, challenges Murdoch
Reuters Staff
1 MIN READ
LONDON (Reuters) - Comcast Corp, the biggest U.S. cable operator, said on Tuesday it was making a cash offer to buy Sky for 22.1 billion pounds ($31 billion), challenging Rupert Murdoch’s Fox to take over the European pay-TV group.
21st Century Fox had already agreed a deal to buy the 61 percent of Sky it does not already own.
Reporting by Kate Holton, editing by Guy Faulconbridge
Comcast offers $31 billion to buy pay-TV group Sky, challenges Murdoch
Reuters Staff
1 MIN READ
LONDON (Reuters) - Comcast Corp, the biggest U.S. cable operator, said on Tuesday it was making a cash offer to buy Sky for 22.1 billion pounds ($31 billion), challenging Rupert Murdoch’s Fox to take over the European pay-TV group.
21st Century Fox had already agreed a deal to buy the 61 percent of Sky it does not already own.
Reporting by Kate Holton, editing by Guy Faulconbridge
https://www.reuters.com/article/us-sky-m-a-comcast/comcast-offers-31-billion-to-buy-pay-tv-group-sky-challenges-murdoch-idUSKCN1GB0M3
