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Comcast confirms $31 billion bid for Sky, sparking battle with Fox

Updated : April 26, 2018 06:25 AM IST

Sky's independent directors welcomed Comcast's 12.50 pound per share bid and said they would now engage with both Comcast and Fox.
Sky’s shares rose 3.9% on Tuesday, closing at 13.59 pounds, above Comcast’s offer, implying that some shareholders anticipated a bidding war.
Comcast confirms $31 billion bid for Sky, sparking battle with Fox
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