Watch: Comcast Challenges Murdoch With $31 Billion Bid for Sky

The cable operator offered $31 billion to buy out Sky taking on Rupert Murdoch’s Fox and Bob Iger’s Walt Disney. Comcast offered $17.40 per share, beating out Fox’s $15.00 per share. “Sky and Comcast are a perfect fit: we are both leaders in creating and distributing content…We think Sky is an outstanding company.” – Comcast Chief Executive Officer Brian L. Roberts. Shares in Sky have grown by 18 percent since the announcement.

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