British Government OKs Comcast Bid for Sky and Fox Bid With Conditions, Setting Up Showdown [Variety]

British Government OKs Comcast Bid for Sky and Fox Bid With Conditions, Setting Up Showdown [Variety]

By Stewart Clarke

June 5, 2018 | The British government gave the green light Tuesday to 21st Century Fox’s bid to take over Sky, on condition that Sky News be offloaded to a third party such as Disney. The government also cleared a rival bid for Sky from Comcast, paving the way for the two U.S. media giants to battle it out for Europe’s biggest pay-TV company.

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