Comcast's $40 Billion Sky Takeover Becomes Unconditional

U.S. cable company Comcast took control of Sky on Tuesday after it acquired the 39 percent of the company owned by Twenty-First Century Fox, the rival it defeated with a $40 billion knock-out bid for the European pay-TV group last month.

Rupert Murdoch's Fox To Sell Sky Stake To Comcast

Twenty-First Century Fox Inc agreed to sell its 39 percent stake in Sky PLC to Comcast Corp, the companies said Wednesday, a deal that completes the U.S. cable group's takeover and ends Rupert Murdoch's relationship with the U.K.-based satellite broadcaster.


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