Comcast launches rival bid for Sky, beating Fox offer

Telecom Industry NewsComments are off for this post.

You Are Here:Comcast launches rival bid for Sky, beating Fox offer

(Telecompaper) US-based Comcast has announced that it’s considering a takeover bid worth GBP 22.1 billion for European pay-TV group Sky, beating the earlier offer from Sky’s largest shareholder, 21st Century Fox. Comcast would offer GBP 12.50 per share cash, a 16 percent premium to Fox’s bid of GBP 10.75. 
Source: Industry News (syndicated from Telecompaper.com)

Top