Rupert Murdoch must make £26bn-plus Sky bid to thwart Comcast

21st Century Fox has until the end of Thursday in battle for control of pay-TV broadcaster

Rupert Murdoch must table a new £26bn-plus offer for Sky this week or see rival Comcast become the new owner of Europe’s biggest pay-TV broadcaster.

Under UK takeover rules, Murdoch’s 21st Century Fox has until the end of Thursday to table a new bid to take control of the 61% of Sky he does not already own.

Related: Sky posts forecast-beating annual results as bidding war rages on

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from Mergers and acquisitions | The Guardian https://ift.tt/2OdNpGS