Comcast Raises Its Offer For Sky To $34B, Continuing Battle With Fox


Sending the ball back across the net, Comcast said it was upping its offer for European pay-TV giant Sky, just hours after 21st Century Fox boosted its own bid.
Comcast put forward its new proposal at an implied value of $34 billion, or £26 billion at £14.75 per share).
“Comcast has long admired Sky and believes it is an outstanding company and a great fit with Comcast,” the company said. “Today’s announcement further underscores Comcast’s belief and its commitment to…

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