Comcast challenges Rupert Murdoch with $31 billion bid for Sky

Cable giant Comcast on Tuesday announced a $31 billion takeover bid for Sky, potentially scuppering a previous offer for the European broadcaster from Rupert Murdoch’s 21st Century Fox. Comcast is America’s largest cable operator and the owner of NBC News' parent company NBCUniversal. The firm argued its offer was superior to the bid from Fox. “We believe we are a better fit,” Comcast chairman and CEO Brian Roberts said in a statement.
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