bartholomr4
Well-Known Member
Also (from the WSJ)
The U.K. Takeover Panel said Wednesday that appeals have been lodged over its ruling that Walt Disney would have to make an offer of 14 pounds ($18.1) a share for Sky if it buys 21st Century Fox entertainment assets.
The panel said a meeting of its appeal board will now be convened to consider the appeals lodged by several interested parties.
Last week, the regulatory body confirmed that Disney would have to make an offer for Sky if Disney's acquisition of the Fox assets, including Fox's current 39% stake in Sky, goes ahead before a potential buyer takes control of the U.K. pay-TV group.
The U.K. Takeover Panel said Wednesday that appeals have been lodged over its ruling that Walt Disney would have to make an offer of 14 pounds ($18.1) a share for Sky if it buys 21st Century Fox entertainment assets.
The panel said a meeting of its appeal board will now be convened to consider the appeals lodged by several interested parties.
Last week, the regulatory body confirmed that Disney would have to make an offer for Sky if Disney's acquisition of the Fox assets, including Fox's current 39% stake in Sky, goes ahead before a potential buyer takes control of the U.K. pay-TV group.