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Standard User RobertoS
(elder) Fri 09-Dec-16 16:57:30
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Sky agrees to be taken over


[link to this post]
 
Sky shares jumped as the company agreed to a take over by US media giant 21st Century Fox at a price of 1075p per share in cash, for a 36% premium on the shares' closing price as of 8 December.
Link.

I assume, but don't know, that this means Sky over here.

Kindness isn't going to cure the world of all its awfulness but it's a good place to begin. Daisy Ridley.
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Standard User cheshire_man
(eat-sleep-adslguide) Fri 09-Dec-16 17:11:39
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Re: Sky agrees to be taken over


[re: RobertoS] [link to this post]
 
British broadcaster Sky has agreed an £18bn takeover by Rupert Murdoch’s US media group 21st Century Fox five years after a takeover was abandoned at the height of the phone-hacking scandal.


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Standard User RobertoS
(elder) Fri 09-Dec-16 17:18:12
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Re: Sky agrees to be taken over


[re: cheshire_man] [link to this post]
 
Reading that, (thanks for it), not quite as definite as my quote or the Guardian's own headline suggest.

Kindness isn't going to cure the world of all its awfulness but it's a good place to begin. Daisy Ridley.
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Standard User 23Prince
(committed) Fri 09-Dec-16 19:02:34
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Re: Sky agrees to be taken over


[re: RobertoS] [link to this post]
 
I thought The Murdoch's already owned it. Or did they just form 21CF?
Standard User RobertoS
(elder) Fri 09-Dec-16 19:06:24
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Re: Sky agrees to be taken over


[re: 23Prince] [link to this post]
 
See cheshire_man's link smile.

Kindness isn't going to cure the world of all its awfulness but it's a good place to begin. Daisy Ridley.
My broadband basic info/help site - www.robertos.me.uk. Domains, site and mail hosting - Tsohost.
Connection - AAISP Home::1 80/20. Sync 60000/15199kbps @ 600m. - IPv4

Edited by RobertoS (Fri 09-Dec-16 19:06:44)

Standard User AndyHCZ
(committed) Fri 09-Dec-16 19:12:15
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Re: Sky agrees to be taken over


[re: RobertoS] [link to this post]
 
Murdoch buys Murdoch.
Standard User 23Prince
(committed) Fri 09-Dec-16 19:17:24
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Re: Sky agrees to be taken over


[re: RobertoS] [link to this post]
 
So they are taking over their own company?
Standard User AndyHCZ
(committed) Fri 09-Dec-16 20:12:12
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Re: Sky agrees to be taken over


[re: 23Prince] [link to this post]
 
Not quite - Fox (Murdoch) already owns 40%, now he seeks to own the rest of the company.
Standard User Pendlemac
(learned) Fri 09-Dec-16 20:33:47
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Re: Sky agrees to be taken over


[re: RobertoS] [link to this post]
 
BBC report says only that directors of Sky are likely to recommend acceptance. But the deal could still be rejected as apparently 30% of sky shareholders voted AGAINST the son of Rupert Murdoch being made chairman of Sky!

Story here

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