May 8, 2018 / 6:26 AM / 7 months ago

BRIEF-Comcast Announces Full Terms Of Post-Offer Undertakings

May 8 (Reuters) - Comcast Corp:

* ADOPTION OF POST-OFFER UNDERTAKINGS AND COMCAST COMMITMENTS BY WAY OF DEED POLL

* FULL TERMS OF CERTAIN LEGALLY BINDING POST-OFFER UNDERTAKINGS AGREED WITH PANEL AND ARE CONDITIONAL ON OCCURRENCE OF EFFECTIVE DATE

* ALSO INTENDING TO GIVE CERTAIN LEGALLY BINDING COMMITMENTS BY WAY OF DEED POLL

* THROUGHOUT PERIOD OF FIVE YEARS FROM EFFECTIVE DATE, COMCAST UNDERTAKES TO PROCURE, AND SKY UNDERTAKES, SKY SHALL MAINTAIN UK HQ IN OSTERLEY

* COMCAST AND SKY UNDERTAKES TO PROCURE, NO LATER THAN THREE MONTHS AFTER EFFECTIVE DATE, SKY SHALL ESTABLISH “EDITORIAL BOARD” FOR SKY NEWS

* CONFIRMS WILLINGNESS TO PROVIDE FOR RELEVANT REGULATOR TO BE A BENEFICIARY OF SKY NEWS BINDING COMMITMENTS IN SAME WAY AS SKY NEWS BOARD Source text for Eikon: Further company coverage:

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below