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Sky News gets 15-year commitment from Disney in takeover battle

MUMBAI: Disney has refrained from selling Sky News without the U.K government?s permission and offered British authorities a commitment to operate Sky News for 15 years. For its part, 21st Century Fox has offered new commitments in an attempt to get its $15 billion bid for Sky over the finish line...

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Comcast makes sweet $65 bn offer for Fox's entertainment assts

Let the games begin. That?s the clarion call that Comcast CEO Brian Roberts has given by making an offer of $65 billion to acquire the Murdoch-owned Fox entertainment assets. Priced at $35 a share, the Comcast ?superior? offer is at a 19 per cent premium over what Disney?s Bob Iger  made last year...

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21CF special meet on Disney merger issue on July 10

NEW DELHI: Is the Disney-21st Century Fox merger a done deal? The twists and turns in real life probably match a Hollywood corporate thriller produced by the media company. Second suiter Comcast hasn?t yet given up even as the Rupert Murdoch family-promoted company said on Wednesday that on 10 July...

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Disney must bid for Sky after Fox deal: UK Takeover Panel

If Disney?s proposed acquisition of Fox proceeds, the former has to make a mandatory offer to the holders of ordinary shares in Sky, according to the UK?s takeover code. The UK Takeover Panel has informed Disney, Fox and Sky of its ruling.

Television TV Channels English Entertainment
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Comcast topples Murdoch's offer for Sky with $31 bn bid

MUMBAI: The big-name mergers are getting bigger in value with Comcast dropping a bomb that it is ready to pay $31 billion to takeover Sky. Its offer was 16 per cent higher than that of rival 21st Century Fox that had wanted to acquire 61 per cent in Sky.

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