Sky urges shareholders to accept Comcast takeover

European TV operator Sky has urged its shareholders to accept a takeover offer from US cable giant Comcast that could reshape the global media landscape. Comcast outbid Rupert Murdoch's 21st Century Fox in a rare blind auction Saturday that culminated an epic two-year battle for Europe's biggest pay-TV provider. Britain's takeover regulator said the secret process ended with Comcast valuing Sky at £30.4 billion ($39.7 billion, 33.8 billion euros).

from Yahoo News - Latest News & Headlines https://ift.tt/2pDrmPX