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Comcast delivers knockout blow in Sky takeover

Comcast delivers knockout blow in Sky takeover

US media giant Comcast delivered knockout blow with £17.28 cash offer, substantially ahead of Disney/Fox’s £15.67 bid

“On Saturday, the long-running takeover battle for Sky finally came to an end. US media giants Comcast and 21st Century Fox entered an unusual sealed bids auction process comprised of three rounds. The picture was complicated a little further by the fact that entertainment group Disney is in the process of merging with Fox and was effectively dictating the bids from their side.

September 2018

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