Fox exceeds Comcast with $ 32.5 billion bid for British Sky :: Investor.bg

The battle for Britain's first pay TV group reflects the huge changes in the global entertainment industry where the world's biggest media giants are fighting one with another for multi-million dollar deals for better to compete with Netflix and Amazon

Fox, and must be approved for the case by the British authorities this week, increase its bid to 14 pounds per share of its previous guarantee offer of £ 10.75

The negotiated price is a premium of 82% over the price Sky of December 2016 – before the first and was 21 times larger that earnings per share for 2017

Fox stated that the presentation of Sky in December 2016, including the renewal of the broadcast rights of the supreme English league for a lower amount justifies the higher bid.

However, Fox may face more competition than the American after forcing the independent administrators of Sky to give up their previous support for ] Fox with an unexpected bid of £ 12.50 per share for the band The world's largest entertainment company and owner of NBC and Universal Pictures ] surpbaded Murdoch's bid for Sky in February. The shares of Sky closed at a price of 15.01 pounds Tuesday, suggesting that the war is not over.

To ensure regulatory approval, Fox negotiated the sale of the chain of information on Sky to Disney, because otherwise Murdoch's influence over the British media would be too strong

and Comcast are fighting a separate battle for more than $ 70 billion to purchase most Fox badets which include 39% and the rest of the company's turn to be the winner in the UK

Fox says to have negotiated the agreement of the sky function (f, b, e, v, n, t, s) {if (f.fbq) returns; n = f.fbq = function () {n.callMethod?
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