LONDON (Reuters): U.S. Cable Company Comcast Corp made a 22 billion pound ($31 billion) offer for pay-TV group Sky (SKYB.L) on Wednesday, beating an already agreed takeover bid from Rupert Murdoch’s Fox (FOXA.O) by 16 percent.
Comcast, which first proposed an offer at the same 12.50 pounds-a-share price in February, said it would continue to engage with the Sky’s independent directors with a view to obtaining a recommendation for its deal.
