Comcast's $31 Billion Bid For U.K.-Based Sky Complicates Murdoch Plans
Rupert Murdoch had decided to take over the British media giant and flip it with other 21st Century Fox properties in a sale to Disney. But Sky directors have pulled support from his bid.
Every time Rupert Murdoch gets closer to control of the British-based entertainment and TV giant Sky, new obstacles arise.
The latest challenge could shatter his plans — or make him a richer man.
On Wednesday, the Comcast Corporation made a to buy a majority control of Sky in a deal valuing the British company at $31 billion. Murdoch's
