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Originally Posted by denphone
Yes we could still see higher bids yet MM.
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Hope so, in fact I'm betting on there being a feeding frenzy for Sky! I've got a "few" shares.
The AT&T Time Warner merger was cleared by the American judge last night which will now set off the next wave off consolidation in the media and telecoms world. And it is expected that later today or tomorrow, Comcast is expected to make its full bid for Fox.
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Quote:
Originally Posted by Maggy J
At least Sky News will be out of the equation..Happy with that.
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Depends on what happens and what the government announce in the next week.
If Murdoch is told to get rid of Sky News as part of his bid for full control of Sky, then I expect he will simply back off and allow Disney to bid for Sky directly. Either way, Sky will ultimately either by owned Disney or Comcast unless a new bidder comes in.