Oh look - Comcast has just announced it owns over 30pc of Sky after tapping up shareholders (officially) for stock after the Saturday's shenanigans were finalised.
Posts tagged: 21st Century Fox
The reason Betaville posits such a question in the headline is that yesterday it was suggested in The Times that Ian Osborne - a former adviser to former British Prime Minister David Cameron - is trying to buy Fortune magazine from publisher Meridith via his advisory firm/investment vehicle Connaught, which counts Sir Simon Robey as a director. Below is a link to yesterday's piece in The Times:..
21st Century Fox has appointed a powerful shareholder solicitation firm amid speculation it is preparing to launch a final "knockout" offer for Sky.
According to sources claiming to be familiar with the matter, Rupert Murdoch's media group - which has already struck a deal to sell the majority of its assets to Walt Disney Corporation for $52 billion - has mandated Georgeson to sound out Sky shareholders about whether they are willing to support its £14.00 a share offer for Sky...
I see the various US media organisations are claiming to have broken the "scoop" about Comcast making an approach for 21st Century Fox.
Well, if these organisations had spoken to Betaville Intelligence subscribers they would have realised this story was broken on this news service a couple of hours before.
Below is the link to the piece:..
The Walt Disney Corporation may face a rival bidder for 21st Century Fox.
According to sources claiming to be familiar with the matter, another company has shown an interest in buying some of 21st Century Fox. One source claiming to be familiar with the matter said the rival bidder is Comcast.
This source claimed Comcast is working with advisers from boutique firm PJT Partners whilst Goldman Sachs has been working with 21st Century Fox on the potential deal...
Sorry for the lack of posts in the last couple of days I have been rather busy doing some freelance work for my chums at The Sunday Times.
Indeed, diligent followers of my work might have noticed I had a few jackanories in today's business section, including one on financial news giant the Mergermarket Group, publisher of Debtwire and Dealreporter...