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Comcast Beats Fox for Control of British Broadcaster Sky

Sep 22, 2018 - The New York Times

LONDON — Comcast emerged as the victor for the British broadcaster Sky on Saturday, beating 21st Century Fox after a rare one-day auction supervised by Britain’s mergers regulator.

With a final offer that values Sky at about 29.7 billion pounds, or roughly $39 billion, the American cable giant wrested away control of Sky from Rupert Murdoch and the Walt Disney Company, which is buying most of Mr. Murdoch’s company, 21st Century Fox.

The final battle for control of Sky, a pay-te...