Now Murdoch offers to sell Sky News to Disney in bid to push through Fox's £11.7bn takeover of Sky

Sky News could be bought by Disney in a deal aimed at pushing 21st Century Fox’s £11.7billion takeover of Sky over the finishing line.
Fox is willing to either sell the news arm or spin it out into an independent company in a bid to secure the approval it needs from regulators.
It revealed Disney had come forward as a potential buyer for Sky News, a move that would neatly address concerns raised by the Competition and Markets Authority.
The CMA fears Fox’s takeover of Sky could hand Rupert Murdoch, Fox’s chairman, too much sway over the media.
But Disney is set to buy most of Fox –... read more

4 April 2018 in Business, Views: 60
Source: Daily Mail

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