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Old 14-12-2017, 13:26   #9
vincerooney
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Re: Comcast (Universal, NBC) looks at Fox merger

According to the BBC Disney are also buying Fox's stake in Sky

"The deal includes Fox's 39% stake in satellite broadcaster Sky, and the 20th Century Fox film studio, Disney announced."

http://www.bbc.co.uk/news/business-42353545

However it then says in the same article....

"Fox's proposed deal to buy the remainder of Sky is being already investigated by the UK Competition and Markets Authority (CMA), which is due to publish provisional findings in January.

The BBC understands that the Disney deal will not alter that investigation."

So let me get this straight....

Disney are buying 39% of Sky from Fox. But Fox still want to buy all of Sky? So they'll sell part and then try to buy 100%? That makes no sense?

Is it just me being thick but i cant wrap my head around that whatsoever.
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