Comcast just got one step closer to buying British broadcaster Sky [CNN]
Fox Corporation - Class A (FOXA)
Last fox corporation - class a earnings: 2/5 04:05 pm
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Source: CNN
Comcast just got one step closer to buying British broadcaster Sky Comcast is on the cusp of getting approval from the UK government to buy British broadcaster Sky for ÂL22 billion ($31 billion). The approval will bring the American company a step closer to scooping up a valuable international asset that Disney is also competing for. Matt Hancock, the government's culture and media secretary said on Monday that "the proposed merger does not raise concerns in relation to public interest considerations." But he noted that his full and final decision would come after further consultation with "interested parties." Sky is a leader in pay-TV services in the UK, and other regional markets including Germany and Italy. It sells broadband and mobile phone services, and it operates an influential news division. For an American company looking to expand in Europe, it's considered a smart purchase. "We welcome the statement from the Secretary of State. We remain focused on progressing our superio
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FOXA
Earnings
- 2/7/24 - Beat
FOXA
Sec Filings
- 3/27/24 - Form 4
- 3/27/24 - Form 4
- 3/27/24 - Form 4
- FOXA's page on the SEC website