Comcast, the US-based media group, is going for the winning quote in the sale of Sky a European media and telecoms broadcaster based in the UK.
Comcast
Comcast sent an official, $31 billion quote Wednesday, revealed by means of the London StockExchange The media corporation is now going head to head with Rupert Murdoch’s Twenty-First Century Fox for control of the business.
Fox presently owns a 39.14 percent managing stake in Sky, however Comcast’s quote terms were obviously sufficient to lead Sky to react and officially withdraw its suggestion for the $16 billion Fox quote to protect the staying 61 percent. Murdoch’s boy James Murdoch leads Sky, and Murdoch himself established the business in the ’90 s. With all the household ties, Sky developed a committee of independent directors to examine the deals.
Comcast’s quote Wednesday threatens Murdoch’s duplicated efforts to win control of the broadcaster. A winning quote by Comcast would likely suggest international growth for the moms and dad business of NBC, CNBC and MSNBC.
