21st Century Fox Raises Sky Offer to $32.5B
July 12, 2018 at 10:33 AM EDT
The battle between Comcast (CMCSA) and 21st Century Fox (FOXA) to purchase Sky, a British media and telecommunications company, intensified Wednesday when Fox raised its offer to $32.5 billion. Currently, Fox owns 39% of Sky, and the offer would be for the remaining 61%. There are expectations that...