Fight not yet fought: Comcast outperforms Fox on Sky



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The takeover of the British Sky media company by competitor 21st Century Fox seemed almost as round, but now Comcast makes a difference. The US cable company outperforms the latest billion dollar offer.

Comcast now offers £ 14.75 per share. This represents a total of about 26 billion pounds (29.4 billion euros) for the night of the Sky pay channel, which broadcasts among other popular football matches.

The new offer exceeds that of 21st Century Fox, which for the moment 39 percent of Sky in the hands. The media mogul company and billionaire Rupert Murdoch is ready to pay 14 pounds a share for Sky shares that she does not own yet. The British media company is valued at 24.5 billion pounds

Competition with Netflix and Amazon

The battle for Sky is part of a larger takeover dispute over the important parts of Fox. This battle goes between Comcast and the entertainment company Walt Disney. Both companies want to grow because of competition with technology companies like Amazon and Netflix.

RTL Z / ANP

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