US cable TV giant outbids 21st Century Fox’s existing offer for broadcasting group
Comcast is attempting to gatecrash Rupert Murdoch’s takeover of Sky, submitting a rival offer to the UK broadcaster’s shareholders worth about £22bn.
The US media and telecoms company, which owns NBC Universal, said its all-cash offer of £12.50 per share offered Sky shareholders a 16% premium on the offer from Murdoch’s 21st Century Fox.
Continue reading...from The Guardian http://ift.tt/2owEtlF
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