- Now that Comcast has trumped Fox and Disney’s bid to buy 61 percent of U.K.
- The cable and entertainment giant outbid Fox, working in concert with Disney, by more than 1.50 pounds per share Saturday, and earned the recommendation of Sky’s board.
- In a separate transaction, Fox is selling Disney the rest of Sky as part of a $71.3 billion deal announced earlier this year.
- Comcast expects Disney will let go of its 39 percent stake, giving CEO Brian Roberts complete ownership of the TV distributor and owner of content, including Premier League rights, according to people familiar with the matter.
CNBC - 1 year ago