Britain finally clears Murdoch’s Fox to bid for Sky

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Britain finally clears Murdoch’s Fox to bid for...
 © In-Cyprus 2018
Britain finally cleared Rupert Murdoch to buy  Sky  on Thursday, removing the final obstacle to a head-to-head battle between Murdoch’s Twenty-First Century Fox and U.S. rival Comcast for the European pay-TV prize.

Culture Secretary Jeremy Wright said: “It is now a matter for the  Sky  shareholders to decide whether to accept 21st Century Fox’s bid.”

Fox raised its offer for the 61 percent of  Sky  it does not own to 14 pounds a share, valuing the group at $32.5 billion, on Wednesday, only to see Comcast come back...


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Britain finally clears Murdoch’s Fox to bid for Sky


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