Sky shares rally after Comcast and Fox go head-to-head in bid battle

July 12, 2018 admin Business News Comments Off on Sky shares rally after Comcast and Fox go head-to-head in bid battle

Shares in Sky jumped higher on Thursday after Comcast submitted a $34 billion bid for the group just hours after Rupert Murdoch raised his offer, escalating a trans-Atlantic bidding war for the European pan-TV group.

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Source:: Reuters – Business News