Comcast parries Rupert Murdoch's Sky bid with £26bn offer

Murdoch raised his initial offer to £24.5bn one day before bid clearance by UK governmentComcast has moved swiftly to table a £26bn offer to buy Sky, trumping Rupert Murdoch within hours of the media mogul tabling a new £24.5bn offer.Comcast’s £14.75p a share offer followed Murdoch’s new £14 a share offer valuing Sky at £24.5bn. Continue reading...