Government Clearance Given for Rupert Murdoch’s Fox to Bid for Sky

Government Clearance Given for Rupert Murdoch’s Fox to Bid for Sky

6 years ago
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https://wccftech.com/government-clearance-given-for-ruper-murdochs-fox-to-bid-for-sky/

Government clearance has finally been given today for Rupert Murdoch’s Twenty-First Century Fox to bid against Comcast (NASDAQ:CMCSA) for the takeover of Sky (LON:SKY). The feud for Europe’s largest media and pay-tv broadcaster has been going for a number of years now, the news being dominated by Comcast and Fox. Currently, the bid by Comcast stands at £26bn.

Jeremy Wright, culture secretary in the UK, has cleared Rupert Murdoch saying “It is now a matter for the Sky shareholders to decide whether to accept 21st Century Fox’s bid.”. This was following 19 months of deliberation.

Government Clearance Given for Rupert Murdoch’s Fox to Bid for Sky

Jul 13, 2018, 12:27am UTC
https://wccftech.com/government-clearance-given-for-ruper-murdochs-fox-to-bid-for-sky/ > Government clearance has finally been given today for Rupert Murdoch’s Twenty-First Century Fox to bid against Comcast (NASDAQ:CMCSA) for the takeover of Sky (LON:SKY). The feud for Europe’s largest media and pay-tv broadcaster has been going for a number of years now, the news being dominated by Comcast and Fox. Currently, the bid by Comcast stands at £26bn. > Jeremy Wright, culture secretary in the UK, has cleared Rupert Murdoch saying “It is now a matter for the Sky shareholders to decide whether to accept 21st Century Fox’s bid.”. This was following 19 months of deliberation.