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Global media giants invest tens of billions of dollars in transactions to compete with online rivals Amazon.com and Netflix
Comcast: The fight for the British pay TV group is part of a battle Reuters
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Jul 11, 2018, 9:29 pm – Posted on July 11, 2018, 9:28 pm
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Comcast reported on Wednesday his offer in cash to $ 34 billion, exceeding that of the entertainment industry (Mike Blake / Reuters)
London – The North American An Enhanced $ 32.5 Billion Offering Made by Twenty-First Century Fox [19659009] Fox, who has been trying to buy the European group since December 2016, offered to pay £ 14 per share, a premium of 12% over
The American company however, did not increase its cash offer to £ 14.75 per share. Sky's shares end at 15.15 pounds
The British pay TV group's fight is part of a broader battle being waged by the entertainment industry at a time when global media giants are investing money. tens of billions of dollars dollars in transactions to better compete with online rivals Amazon.com and Netflix.
Comcast and Walt Disney are competing in another front on a battle of over $ 70 billion for the acquisition of most of Fox's badets. "The offer of today is not likely to be the last chapter as we see a final value for Sky well above £ 15 per share," he said. said the investment manager Michael Wegener.
Present at £ 23m in Europe, Sky is a valuable badet with a high level of sports programming and original content.
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