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The Wall Street Journal: Comcast, Fox’s battle for Sky to be decided at auction this weekend [MarketWatch]

Comcast Corporation - Class A (CMCSA) 
Last comcast corporation - class a earnings: 4/30 07:00 am Check Earnings Report
US:NASDAQ Investor Relations: cmcsa.com/investors
Company Research Source: MarketWatch
Comcast, Fox’s battle for Sky to be decided at auction this weekend LONDON — Comcast Corp. and 21st Century Fox Inc. will settle their takeover battle for Sky PLC in a weekend auction run by British regulators, setting up a dramatic climax to a 21-month sale process that has pitted some of the world’s biggest media giants against each other. The U.K. Takeover Panel, which polices deal making in the country, laid out rules for the auction on Thursday. It is a process the regulator hasn’t run many times previously — and never before with such a large company as the prize. London-listed Sky has a market value of some $36 billion. Such government-mandated auctions of big, publicly traded companies are rare. The Sky auction pits Rupert Murdoch’s 21st Century Fox The auction will start Friday evening and run through Saturday, and consist of a maximum three rounds of bidding. The winner will be announced shortly after the auction ends Saturday evening. An expanded version of this report app Show less Read more
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