February 27, 2018 / 12:55 PM / 22 days ago

Comcast Sky proposal is a commercial matter for the companies: UK PM May's spokesman

LONDON (Reuters) - A proposal by U.S. cable giant Comcast (CMCSA.O) to buy Sky (SKYB.L) is a commercial matter for the companies, a spokesman for British Prime Minister Theresa May said on Tuesday.

FILE PHOTO: The NBC and Comcast logo are displayed on top of 30 Rockefeller Plaza, formerly known as the GE building, in New York, New York, U.S. on July 1, 2015. REUTERS/Brendan McDermid/File Photo

    Comcast offered to buy Sky for $31 billion in an unsolicited approach, taking on Rupert Murdoch’s Fox and Bob Iger’s Walt Disney in the battle for Europe’s biggest pay-TV group.

    Reporting by William James; Writing by Alistair Smout; Editing by Stephen Addison

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