AP NEWS

Comcast wins Sky, launching itself globally

September 22, 2018

By Staff

U.S. cable giant Comcast Corp. won the United Kingdom’s Sky television service with a dramatic $38 billion bid in London on Saturday, beating the Walt Disney Co. and Rupert Murdoch-controlled 21st Century Fox, according to the U.K Takeover Panel and published reports on Saturday.

The deal — which will now be taken to Sky shareholders — will likely launch Philadelphia-based Comcast into millions of homes in Europe.

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