by BBC news web site Broadcaster Sky and 21st Century Fox have reached agreement on the terms of a takeover deal it was announced lunchtime. Rupert Murdoch's 21st Century Fox will pay £11.7bn for the 61% stake it does not already own. Sky shareholders will receive £10.75 in cash for each share, valuing the entire company at £18.5bn. The deal comes amid concerns that Rupert … [Read more...]
Sky and 21st Century Fox agree £18.5bn takeover deal
