Morning News Digest
 
 


Comcast is said to be mulling bid for BSkyB

Comcast is exploring whether the British Sky Broadcasting Group, Britain’s largest satellite broadcaster and a lucrative pay TV asset 39 per cent owned by News Corporation, could become available for purchase, according to several people briefed on the company’s strategic thinking.

Comcast’s thinking about a possible deal is in the preliminary stages, and the company has not made a formal offer or even approached BSkyB or News Corporation about negotiations, said these people, who were not authorized to speak publicly about the company’s strategy.

 
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- Business Standard