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media/telecom

U.K. Regulators Pave Way for Fox-Sky Buyout

By
Jessica Toonkel
· · Source: The Information

U.K regulators on Tuesday paved the way for Rupert Murdoch’s 21st Century Fox to buy the remaining 61% in Sky, saying that the deal can proceed as long as Fox sells the satellite TV firm’s Sky News unit to Disney or another company. That shouldn’t be difficult for Fox to agree to, as it is selling its Sky interest and other entertainment assets to Disney already. But the regulator’s decision will...

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