21st Century Fox & Comcast’s Battle To Own Sky Set To Heat Up This Week

Read on: Deadline

The UK is still in the midst of unseasonably warm weather but cool heads will be required as the battle between 21st Century Fox and Comcast for ownership of Sky is set to heat up this week. Comcast is expected to lodge a formal $31B bid for Sky this week and the British government is thought to be on the brink of finally giving Rupert Murdoch's Hollywood the final greenlight to buy the 61% of the European pay-TV firm that it currently does not own. These factors will…