Fox Makes Deal to Acquire Sky for $14.8 Billion

21st Century Fox (NASDAQ: FOX) has reached a deal to buy the part of United Kingdom-based pay television service Sky that it did not already own for $14.8 billion. Fox already owned 39% of the company, and will pay a premium of about 40% to acquire the remainder, according to a press release. …read more

Read more here: Fox Makes Deal to Acquire Sky for $14.8 Billion

Category: FOX

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