21st Century Fox’s $14.5 Billion Sky Deal Gains EU Approval - News Summed Up

21st Century Fox’s $14.5 Billion Sky Deal Gains EU Approval


LONDON—Rupert Murdoch’s 21st Century Fox Inc. cleared the first of several regulatory hurdles in its $14.5 billion bid to acquire all of British TV giant Sky PLC, winning approval from European Union antitrust authorities Friday. Several regulatory hurdles remain ahead of the deal, as Mr. Murdoch tries a second time to consolidate ownership of Sky. A widening sexual-harassment scandal at 21st Century’s Fox News unit presents a possible fresh snag: Some high-profile critics of the deal here are asking British regulators to...


Source: Wall Street Journal April 07, 2017 14:41 UTC



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