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Off Topic Sky to be taken over by Fox

Discussion in 'Newcastle United' started by Albert's Chip Shop, Dec 15, 2016.

  1. Albert's Chip Shop

    Albert's Chip Shop Top Grafter
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    All is now confirmed.

    what implication will this have for the Prem?

    http://www.bbc.co.uk/news/business-38326530

    Broadcaster Sky and the board of 21st Century Fox reach agreement on the terms of a takeover by 21st Century Fox.
    Sky shareholders will receive £10.75 in cash for each share, valuing the company at £18.5bn.
    Rupert Murdoch's 21st Century Fox first launched its takeover bid for the 61% of Sky it does not already own last Friday.
    Some investors are unhappy that the bid undervalues the satellite broadcaster.
     
    #1
    Albert's Chip Shop, Dec 15, 2016
  2. JakartaToon

    JakartaToon Well-Known Member
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    Thought Murdoch owned both anyway.
     
    #2
    JakartaToon, Dec 15, 2016
  3. Captainchaos.

    Captainchaos. Well-Known Member

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    He own 61% of sky
     
    #3
    Captainchaos., Dec 15, 2016
  4. NUFCBRONX

    NUFCBRONX Active Member

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    It won't get cheaper and somehow the coverage will get worse.
     
    #4
    NUFCBRONX, Dec 16, 2016
    J. J. McClure likes this.
  5. Magpie Fozz

    Magpie Fozz Well-Known Member

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    #5
    Magpie Fozz, Dec 17, 2016

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