Murdoch bid for Sky challenged by US giant

Looks a very attractive proposition for Sky shareholders except Murdoch's 21st Century Fox who have a 39% stake in Sky.

Having NBC owning Sky News removes a lot of the objections to the sale and may well be a good move for both Sky News and CNBC which already operates under the auspices of Ofcom.

I would hate to see the demise of Sky News and would love to see Sky prosper without Murdoch with a better deal for customers as well as shareholders.
 
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