Comcast beats Fox in Sky auction with $39B bid

ABC News | 9/22/2018 | Staff
iloveangie02 (Posted by) Level 3
British regulators say Comcast has beat 21st Century Fox in a rare auction that allowed both sides to bid for European broadcaster Sky.

After three rounds of bidding behind closed doors, Comcast offered the higher price of 17.28 pounds ($22.58) per share, the equivalent of nearly 30 billion pounds ($39 billion). Fox offered 15.67 ($20.47) per share.

Regulator - Takeover - Panel

The regulator, the Takeover Panel, set up...
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Conservatives are to the GOP what oil is to water, and the GOPe spend most of their time skimming it off or setting it on fire.
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