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Sky - Comcast takeover complete

Comcast to compulsorily acquire all shares not already held. (September 2018)

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DV
DVB Cornwall
The Takeover Panel has 'had enough' and is insisting on resolving the impasse this weekend ....



The Process





Both Parties will know by Sunday who the winner is. The public announcement could be delayed though.
Last edited by DVB Cornwall on 12 October 2018 8:35am - 8 times in total
London Lite and alexhb01 gave kudos
OR
orange
Feels a bit like Season 8 Episode 8 of South Park.
TR
TROGGLES
There's only one winner with this... the dirty digger.

The biggest losers will be Sky subscribers - if they are daft enough to stay with it.
WH
Whataday Founding member
I hope there's a live stream hosted by Peter Simon.
BA
bilky asko
I hope there's a live stream hosted by Peter Simon.

Good luck if you get it.
HE
Henry1691
I hope there's a live stream hosted by Peter Simon.


Well, he's currently not doing anything else, so you never know.
GM
Gary McEwan
I wonder if they'll all be stood round a fax machine waiting for the decision with Greg Dyke ready to kick off at how stupid the process was...
Last edited by Gary McEwan on 22 September 2018 4:06pm
DV
DVB Cornwall
Worthwhile searching Twitter this afternoon. Take your pick of those commentating there. Not seen any suggestion of a knockout bid from either side though.
DV
DVB Cornwall
OFFERS BY
COMCAST CORPORATION (“COMCAST”)
AND
TWENTY-FIRST CENTURY FOX INC. (“FOX”)
FOR
SKY PLC (“SKY”)
On 20 September 2018, the Panel Executive announced that, in accordance with Rule
32.5 of the Takeover Code, it had established an agreed auction procedure (the
“Auction Procedure”) for the resolution of the competitive situation in relation to Sky.
The Auction Procedure has ended and the offers of Comcast and Fox following its
conclusion are as follows:
Comcast: £17.28 per Sky ordinary share
Fox: £15.67 per Sky ordinary share

http://www.thetakeoverpanel.org.uk/wp-content/uploads/2018/09/Announcement.pdf
DK
DanielK
Comcast has outbid Fox.

https://news.sky.com/story/comcast-outbids-fox-in-auction-for-sky-11505655
LL
Larry the Loafer
Good.
:-(
A former member
You do know Rupert will get alot of money for this.. If Comcast reputation is anything, I think alot of people will leave them since there have a choice, like Sky, cable etc

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