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Sky shareholders spurn Comcast offer. Could Comcast go another round with Disney?

August 23, 2018

Comcast Center, left, and Comcast Technology Center, rise above the center city skyline in Philadelphia.

By Staff

Less than 1 percent of Sky plc shareholders in Europe have taken up Comcast Corp.’s $31 billion buyout offer so far, waiting for a higher bid from 21st Century Fox and the Disney Co.

Comcast has told U.K. regulators that stockholders tendered only 0.21 percent of Sky shares — or 3.8 million out of a total of 1.7 billion —  by Wednesday’s deadline in the U.K., forcing the Philadelphia cable giant to set a new deadline of Sept. 12.

Continue reading on Philly.com

http://www.philly.com/philly/business/comcast/sky-shareholders-spurn-comcast-offer-disney-fox-20180823.html

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