Comcast to acquire Sky for $39 billion following bidding war


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According to (This article and its images were originally posted on Engadget September 22, 2018 at 04:06PM.)

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The fierce bidding battle over Sky has come to a close — Comcast has successfully outbid 21st Century Fox to acquire the UK media giant for $39 billion. It clinched the deal following an unusual blind auction through the UK’s Takeover Panel, which helps moderate these large scale acquisitions. Comcast had led the bidding for months (including a $34 billion offer in August), but had to go through the Panel after neither side made a final offer.

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This article and images were originally posted on [Engadget] September 22, 2018 at 04:06PM. Credit to the original author and Engadget | ESIST.T>G>S Recommended Articles Of The Day.


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