Ofcom to investigate Sky and 21st Century Fox merger

The UK's media regulator will investigate a proposed merger worth £11.7 billion ($14.6 billion) between 21st Century Fox and Sky. Speaking in the House of Commons, Karen Bradley, the Secretary of State for Culture, Media and Sport, said she had...

Sky receives takeover bid from 21st Century Fox

21st Century Fox is in advanced talks to buy Sky, a major telecoms player and the biggest pay-TV provider in the UK. Negotiations are underway and the directors of both companies have reached an "agreement" of £10.75 per share. As Bloomberg rep...