UPDATE 1-Attention turns to bid price after Sky's soccer winner [Reuters]
Fox Corporation - Class B (FOX)
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Source: Reuters
UPDATE 1-Attention turns to bid price after Sky's soccer winner | Reuters Reuters Staff 4 Min Read * Value of English top-flight soccer rights fall * Sky retains bulk of games, BT wins one package * Boosts shareholders wanting better price from Fox * Sky shares rise above Fox offer price of 10.75 pounds a share (Adds Sky shareholder, further analyst reaction) By Paul Sandle and Ben Martin LONDON, Feb 14 (Reuters) - Sky has tightened its grip on English Premier League soccer rights at a lower price than it currently pays, fuelling speculation that Twenty-First Century Fox could now be forced to pay more to buy the broadcaster. The positive result for Rupert Murdoch’s European pay-TV company could strengthen the hand of shareholders who want Fox to raise its offer to buy the 61 percent of the group it does not already own. Walt Disney Co also had an interest in the outcome because if its $52 billion deal to buy Fox assets is cleared, it will end up owning either all of Sky, or the 39 pe
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