Here at our Beyond Boundaries event talk is of the upcoming auction to decide the takeover of Sky. Marginally preferred view is that Comcast will win the auction, but quote of the day so far is “don’t forget the egos on both sides. The only certainty here is that someone will end up overpaying”
The takeover of broadcaster Sky will be settled by an auction, the UK's Takeover Panel has announced. The broadcaster has been subject to rival bids from Rupert Murdoch's Fox and US conglomerate Comcast. The Takeover Panel said that the auction would start at 17:00 London time on Friday and end on Saturday evening. It said all parties had agreed to the process, which will have a maximum of three rounds.