European Union regulators on Friday said they won’t object to cable giant Comcast Corp.’s $29 billion bid for Sky PLC, clearing another hurdle in what is expected to be a bidding war for the British pay-TV giant with Walt Disney Co. and Rupert Murdoch’s 21st Century Fox Inc. The Sky battle—which has played out for months—more recently has been relegated to a side skirmish in a much bigger standoff between Disney and Comcast. Each are trying to buy a big chunk of Fox assets. Disney and Fox agreed to a $52 billion stock deal...

Source: Wall Street Journal June 15, 2018 15:24 UTC