Sky Auction: Comcast Beats Fox With $39 Billion Bid

Comcast has beaten 21st Century Fox in the high-stakes auction of European pay-TV giant Sky, coming out on top Saturday with a bid of £30 billion ($39 billion). The victory paves the way for the U.S. cable giant to put a leading offer to Sky shareholders and, if it’s accepted, to bolster significantly its international […]

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