Comcast outbids Fox with $39 billion offer for British broadcaster Sky in auction

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Comcast (CMCSA.O) beat Rupert Murdoch’s Twenty-First Century Fox (FOXA.O) in the battle for Sky (SKYB.L) after offering more than 30 billion pounds ($39 billion) for the British broadcaster, in a dramatic auction to decide the fate of the pay-television group. U.S. cable giant Comcast bid 17.28...

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