Sep 26

Fox Will Sell Its Stake in Sky to Comcast in a $15 Billion Deal

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Four days after losing an auction with Comcast for control of Sky, 21st Century Fox has decided to sell Comcast its 39 percent stake in the European media giant in a deal valued at more than $15 billion. “In light of the premium Comcast has agreed to pay for Sky, we and Disney have decided…

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