Comcast makes higher offer for Sky, tops Fox bid
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FILE PHOTO: The Comcast NBC logo is shown on a building in Los Angeles, California, U.S. June 13, 2018. REUTERS/Mike Blake
Get Alerts CMCSA Hot Sheet
Price: $23.38 -1.72%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 5.4%
Revenue Growth %: -3.5%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 5.4%
Revenue Growth %: -3.5%
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(Reuters) - Comcast Corp (NASDAQ: CMCSA) on Wednesday raised its offer for Britain's Sky
Comcast's offer of 14.75 pounds per share was higher than the 14 pounds per share, or $32.5 billion, offered by Rupert Murdoch's Fox earlier in the day.
(Reporting by Sonam Rai and Arjun Panchadar in Bengaluru; Editing by Sriraj Kalluvila)
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