It’s Brian Roberts vs. Rupert Murdoch: DealBook Briefing
What Mr. Roberts said in Comcast’s regulatory statement: “We already have a strong presence in London,
and Comcast intends to use Sky as a platform for our growth in Europe.”
Whom to thank for the Comcast bid
• Paul Richards of the media research firm Numis told the FT that Comcast’s bid is a “very strong competitive offer.”
• Alex DeGroote at Cenkos Securities told Bloomberg, “The market was anticipating another approach and will be pleasantly surprised.”
Comcast investors don’t seem pleasantly surprised.
While many factors shape the economic outlook, some of the headwinds the U. S. economy faced in previous years have turned into tailwinds: In particular, fiscal policy has become more stimulative
and foreign demand for U. S. exports is on a firmer trajectory.”
is the Federal Open Market Committee, the committee that sets monetary policy, while P. C.E.
What Comcast is offering: £12.50, or about $17.50, a share for all of Sky
What Fox is offering: £10.75 a share for the 61 percent of Sky that it doesn’t own
Comcast had worked on its own offer for Fox, with the chance to expand internationally through Sky being a big reason for bidding.