Wednesday, 28 February 2018

The billionaire egos behind Comcast's bid for Sky

Is Brian Roberts getting his revenge?

The Comcast CEO just announced a $31 billion bid for the British broadcaster Sky, directly challenging two of his fellow media moguls, Rupert Murdoch and Bob Iger.

The move comes just a few months after Murdoch spurned Roberts' offer to buy most of 21st Century Fox. A Comcast-Fox combination was intriguing. But Murdoch struck a deal with Disney's Iger instead.

Now Roberts is back with an offer for Sky that can't be ignored.

Source: cnn

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