Comcast, Fox both raise bids as they reach for Sky
https://phys.org/news/2018-07-comcast-fox-sky.html
Comcast's new bid translates to 14.75 pounds per share, or 18 percent more than its original offer. Fox is dangling 14 pounds per share for the 61 percent of Sky that it doesn't already own, more than 30 percent above its first bid in December 2016.
The duel for Sky is unfolding as Fox itself is the object of a takeover battle between Comcast and Disney. Disney said in June it is offering more than $71 billion for Fox's entertainment businesses in a counterbid to Comcast's nearly $66 billion offer.
Comcast, Fox both raise bids as they reach for Sky
Jul 12, 2018, 7:22am UTC
https://phys.org/news/2018-07-comcast-fox-sky.html
> Comcast's new bid translates to 14.75 pounds per share, or 18 percent more than its original offer. Fox is dangling 14 pounds per share for the 61 percent of Sky that it doesn't already own, more than 30 percent above its first bid in December 2016.
> The duel for Sky is unfolding as Fox itself is the object of a takeover battle between Comcast and Disney. Disney said in June it is offering more than $71 billion for Fox's entertainment businesses in a counterbid to Comcast's nearly $66 billion offer.