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Murdoch's Fox agrees $32.5 billion bid for Sky

Reuters UK
Murdoch's Fox agrees $32.5 billion bid for Sky

LONDON (Reuters) - Rupert Murdoch's 21st Century Fox (FOXA.O) said it had agreed a deal to buy Britain's Sky (SKYB.L) with an offer valuing the pay-TV group at $32.5 billion, trumping rival bidder Comcast (CMCSA.O). Fox, which is expecting to get regulatory approval from Britain this week after