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Comcast shares slide over concerns about Sky price tag

New York Post - 25 Sep 2018 04:09
Comcast shares slide over concerns about Sky price tag Shares of Comcast fell 6 percent on Monday, as investors feared the cable giant overpaid for UK pay-TV provider Sky. Comcast outbid rival Fox for the London-based broadcaster by $3.6 billion to win Saturday's three-round process with a final offer of $39 billion. In contrast, the stock of the auction's ostensible losers both rose. Fox...
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