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Murdoch's Fox Beats Comcast With Agreed $32.5 Billion Bid for Sky

Business Insider
  • Rupert Murdoch's 21st Century Fox has bid £14 per share for British pay-TV broadcaster Sky.
  • Fox originally bid £10.75 in December 2016 but its bid was trumped by Comcast in February, which bid £12.50.
  • Sky's shares closed at £15.01 on Tuesday, suggesting shareholders think the bidding war will continue...
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