Comcast draws battle lines in Sky bunfight
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Comcast draws battle lines in Sky bunfight

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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 debt bankers say will find easy financing and heralds a surge of M&A activity in the technology, media and telecoms sector. Michael Turner reports.

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