Rupert Murdoch unlikely to spin off Sky News in takeover battle
It is understood 21st Century Fox believes conditions associated with failed 2011 bid are no longer necessary because industry landscape has changedRupert Murdoch’s 21st Century Fox is not expected to offer Sky News as a regulatory pawn to secure an £11.2bn takeover of Britain’s largest pay-TV broadcaster. Under a previous acquisition attempt in 2011, Murdoch struck a deal to spin off the loss-making Sky News in a bid to appease concerns raised by Ofcom, the media industry watc
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