February 27, 2018 / 7:15 AM / in 8 months

Comcast offers $31 billion to buy pay-TV group Sky, challenges Murdoch

LONDON, Feb 27 (Reuters) - Comcast Corp, the biggest U.S. cable operator, said on Tuesday it was making a cash offer to buy Sky for 22.1 billion pounds ($31 billion), challenging Rupert Murdoch’s Fox to take over the European pay-TV group.

21st Century Fox had already agreed a deal to buy the 61 percent of Sky it does not already own. ($1 = 0.7157 pounds) (Reporting by Kate Holton, editing by Guy Faulconbridge)

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