Sky, 21st Century Fox Agree on Cash Terms of Deal, Eye 2017 Close
Twenty-First Century Fox is offering Sky shareholders roughly $13.34 per share in its planned takeover of the U.K. pay-TV company (1612090029), it said in a news release Thursday. Twenty-First Century Fox said that's roughly a 40 percent premium and the…
Sign up for a free preview to unlock the rest of this article
Timely, relevant coverage of court proceedings and agency rulings involving tariffs, classification, valuation, origin and antidumping and countervailing duties. Each day, Trade Law Daily subscribers receive a daily headline email, in-depth PDF edition and access to all relevant documents via our trade law source document library and website.
deal is expected to close before the end of 2017, pending regulatory and shareholder approval. It said Sky's independent board committee plans to recommend the acquisition terms unanimously.