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Murdoch Formally Bids For Full Sky Ownership

Rupert Murdoch’s 21st Century Fox has formally lodged its GBP11.7bn bid to take full control of Sky, as minority shareholders call for transparency on how the pay-TV company’s independent directors came to accept the offer. Murdoch will now need to gain regulatory approval for the deal, which values Sky at more than GBP18bn.

Read the whole story at The Guardian »

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