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Comcast bests Fox with a $34 billion offer in the ongoing bidding war for Sky





brian roberts

  • Comcast has bid £14.75 a share for the British broadcaster Sky.
  • The offer tops Fox’s bid earlier in the day, and continues a bidding war between the companies.

Comcast increased its bid for Sky Wednesday evening, beating an offer 21st Century Fox issued earlier in the day to continue a bidding war for the British broadcaster.

Comcast’s newest offer came in at £14.75 per share, valuing Sky at £26 billion ($34 billion) up from it’s previous offer of £22 billion.

Earlier on Wednesday, Rupert Murdoch’s 21st Century Fox bid £14 a share for Sky.

Fox’s offer is pending UK government approval read more >>>

Source:: BusinessInsider.Com

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