Comcast outbids Murdoch in Sky bun fight

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Comcast outbids Murdoch in Sky bun fight

Michael Turner
February 27, 2018 02:30 PM
Sky remote 230x150
File photo dated 27/01/14 of a Sky television remote control, as BSkyB is to change its name to Sky after the pay-TV company completed the acquisition of Sky Italia and a majority interest in Sky Deutschland. | Chris Radburn/PA Wire/Press Association Images

Comcast, the biggest cable company in the US, has made a £22.1bn debt-backed swoop on Sky, gazumping an offer from 21st Century Fox with a deal that loans bankers say will be easily financed despite being the biggest of its kind in a year.

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