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News Corp (NWS.O)

NWS.O on Nasdaq

26 May 2017
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Murdoch's Fox agrees $14.6 billion Sky deal to expand empire

LONDON Rupert Murdoch's Twenty-First Century Fox has struck a $14.6 billion deal to buy European pay-TV firm Sky that unites a media empire across two continents and helps it take on rivals like Netflix in the battle for viewers. | Video

Factbox: Murdoch's Sky deal - the political and regulatory hurdles

LONDON Rupert Murdoch's Twenty-First Century Fox is racing to agree the final terms of a $14 billion takeover of European pay-TV company Sky , triggering what is likely to be the start of a politically charged regulatory process.

UK PM May's spokeswoman says not appropriate to comment on Fox bid for Sky

LONDON British Prime Minister Theresa May is aware of Rupert Murdoch's Twenty-First Century Fox $14 billion takeover bid for British pay-TV company Sky Plc but it would not be appropriate to comment on the deal, her spokeswoman said on Monday.

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