U.S. Markets close in 3 hrs 29 mins

Comcast Tops Fox Bid for Sky With $34 Billion Offer

Tom Bemis

Comcast Corp. raised its bid for Sky to £14.75, or $19.47, per share late Wednesday, topping a raised offer earlier in the day by Twenty-First Century Fox of £14 pounds a share. Fox holds a 39% stake in Sky, Europe's biggest pay-TV company.