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Comcast drops bid for Fox assets, to focus on Sky takeover

2018-07-20 08:31:00| Telecompaper Headlines

(Telecompaper) Comcast has abandoned its bid for 21st Century Fox and said it will instead focus on acquiring European pay-TV provider Sky. The company confirmed the plans in a statement, congratulating Disney on winning the bidding for the Fox assets. 

Tags: focus bid fox sky

 

AT&T takeover of Time Warner faces court appeal by US DoJ

2018-07-13 08:49:00| Telecompaper Headlines

(Telecompaper) The US Department of Justice has appealed against the federal court approval of AT&T's takeover of Time Warner. AT&T said it was surprised by the decision and would defend the merger in court again. 

Tags: us time court att

 
 

Murdoch's Fox cleared for Sky takeover bid

2018-07-12 13:35:28| BBC News | Business | UK Edition

The culture secretary will allow a deal after Fox made concessions including selling Sky News.

Tags: bid fox sky cleared

 

Sky agrees to higher takeover bid from Comcast

2018-07-12 09:06:00| Telecompaper Headlines

(Telecompaper) Comcast has raised its offer for European pay-TV provider Sky, just beating an improved bid from Sky's largest shareholder 21st Century Fox. The new offer from Comcast is GBP 14.75 per share, valuing Sky at GBP 26 billion. That's up from Comcast's first offer in April of GBP 12.50 per share and 21CF's latest offer of GBP 14. 

Tags: higher bid sky agrees

 

Murdoch's Fox increases Sky bid to 24.5bn in takeover battle

2018-07-11 09:42:11| BBC News | Business | UK Edition

Rupert Murdoch's Fox increases its offer for Sky as part of a takeover battle with Comcast.

Tags: bid battle increases fox

 

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