07-04-2017 17:56 via uk.news.yahoo.com

Murdoch's Fox wins EU approval to take over Sky

By Foo Yun Chee and Paul SandleBRUSSELS/LONDON (Reuters) - The European Commission cleared Rupert Murdoch to take over pay-TV group Skyon Friday, leaving a British investigation into the impact on the country's media landscape as the only remaining hurdle for the $14.5 billion (12 billion pound) deal.The Commission said the bid did not raise any competition concerns as Murdoch's Twenty First Century Foxand Sky were active in different markets in Europe, while existing rules in European Union cou
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