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