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[$$] Sky Takeover Explained

NBCUniversal Inc.’s owner, Comcast Corp., raised its offer to buy all of Sky to £25.9 billion on July 11. Co. to acquire most of Fox’s entertainment assets, until Comcast dropped its pursuit of the Fox assets. In the fiscal year to the end of June, Sky had revenue of £13.59 billion and a pretax profit of £864 million.