Disney will not push for Sky if UK regulator rejects Murdoch bid

Media giant indicates it will happily settle for 21st Century Fox’s current 39% stake in British broadcaster if competition authority blocks bid Disney has signalled it will not attempt to buy 100% of Britain’s biggest pay-TV broadcaster if the media regulator quashes Rupert Murdoch’s £11.7bn bid for full control of Sky.The owner of Walt Disney Studios is duty bound to accept the consequences of the competition regulator’s investigation into 21st Century Fox’s