UK > US based Comcast is set to acquire UK based Sky plc. for $39 billion following a bidding war  

Comcast logo After a bidding war over Sky plc, Comcast has successfully outbid 21st Century Fox to acquire the UK media giant for $39 billion which was clinched after an unusual blind auction through UK’s Takeover Panel that helps moderate these large scale acquisitions. Both Comcast and 21st Century Fox had to go through the Panel after neither side made a final More …