Comcast Outbids Fox And Will Acquire British Broadcaster Sky
The U.S. cable giant won a rare auction held by British regulators with a bid of $39 billion. Comcast hopes acquiring Sky will help it compete with online streaming services Netflix and Amazon.
Philadelphia-based Comcast outbid 21st Century Fox on Saturday to take control of British broadcaster Sky for about $39 billion.
The U.S. cable giant came out
