Comcast outbids Fox in $40B battle for Sky

Comcast has outbid Twenty-First Cenutry Fox for the UK’s Sky, a final step in what’s been a years-long takeover battle between the two media conglomerates. Comcast’s final offer gives Sky a roughly $40 billion price tag. Both companies upped their offers for Sky at the settlement auction Saturday, with Comcast offering £17.28 per Sky ordinary […]...