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Comcast beats Fox in Sky auction with $39B bid

Newsday Saturday, 22 September 2018
LONDON -- British regulators say Comcast has beat 21st Century Fox in a rare auction that allowed both sides to bid for European broadcaster Sky.
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News video: Comcast Beats Out Fox For Sky With Audacious $40 Billion Bid

Comcast Beats Out Fox For Sky With Audacious $40 Billion Bid 00:37

Comcast beat Rupert Murdoch’s Twenty-First Century Fox in the battle for Sky on Saturday, after offering $40 billion in a dramatic auction to decide the fate of the pay-television group. According to Reuters, Britain’s Takeover Panel said the U.S. cable giant bid 17 pounds and 28 pence per share,...

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