Fox to Sell Remaining Shares of Sky to Comcast, Deal Supported by Disney

21st Century Fox has agreed to sell its 39% stake in European media giant Sky to Comcast. The deal values the minority share in Sky at the same £17.28/share price Comcast offered for the other 61%. After Fox lost the auction for majority control of Sky, they were resigned to selling their minority share. Disney … Read more

21st Century Fox Outbid by Comcast for European Broadcaster Sky

Comcast has seemingly won the 21-month battle for European broadcasting giant Sky. The winning bid by Comcast values the 61% share of the company up for grabs at $40 billion. 21st Century Fox, soon to be owned by The Walt Disney Company, currently owns the other 39% of Sky. However, Comcast would become the controlling … Read more