Comcast wins bid for Murdoch empire’s prize asset
Second-generation media giant Comcast has won the battle to acquire the Murdoch family’s satellite broadcaster Sky with 21stCentury Fox (21CF) also agreeing to sell its remaining stake to Comcast.
The Roberts family own 33% of Comcast’s voting stock, and 1% of its common stock, while 21stCentury Fox (21CF) is controlled by the Murdoch family, who own 39% of the voting stock and 17% of the equity.