News Corp (NWS.OQ)
26 May 2017
SYDNEY Australia's oldest newspaper publisher Fairfax Media Ltd on Thursday said it has received a takeover bid worth as much as A$2.87 billion ($2.13 billion) from a second U.S. private equity firm, sending its shares sharply higher.
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
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.
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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