Fox to Sell Sky Minority Stake to Comcast
Fox won't make a counteroffer for Sky and said Wednesday it instead will accept Comcast's offer for its 39 percent of the company. It said Comcast's bid for Sky values Fox's minority stake at more than $15 billion. Comcast and…
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Fox were in a bidding war until Sky's independent committee accepted a Comcast auction bid made over the weekend (see 1809240056).