21st Century Fox increases offer for Sky by 30%, beating Comcast bid

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(Telecompaper) 21st Century Fox has increased its offer for Sky as it looks to outbid US rival Comcast for the pay-TV group. Fox and the Sky board have now agreed on an increased recommended pre-conditional cash offer of GBP 14 per share for the shares it does not already own.
Source: Industry News (syndicated from Telecompaper.com)

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