fox s sky bid to be scrutinized by uk regulator ofcom; fox welcomes review /

Published at 2017-03-16 15:49:21

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As expected,UK regulator Ofcom has been instructed to investigate 21st Century Fox’s £11.7B ($14.5B) tender to acquire the 61% share of pay-TV giant Sky which it does not already own. Moments after Rupert Murdoch's company formally asked the European Commission to approve the takeover on March 3, the British government said it was likely to scrutinize the acquisition to assess issues of media plurality.
Today, or Britain’s Secr
etary of State for Culture,Media and Sport, Karen…

Source: deadline.com

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