Comcast makes higher offer for Sky, tops Fox bid
FILE PHOTO: The Comcast NBC logo is shown on a building in Los Angeles, California, U.S. June 13, 2018. REUTERS/Mike Blake
REUTERS: Comcast Corp on Wednesday raised its offer for Britain's Sky in a deal valuing the pay-TV group at US$34 billion, challenging a raised bid from Twenty-First Century Fox .Comcast's offer of 14.75 pounds per share was higher than the 14 pounds per share, or US$32.5 billion, offered by Rupert Murdoch's Fox earlier in the day.
(Reporting by Sonam Rai and Arjun Panchadar in Bengaluru; Editing by Sriraj Kalluvila)
Source : http://www.channelnewsasia.com/news/business/comcast-makes-higher-offer-for-sky--tops-fox-bid-10521996