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Read this: Sky ordered to sell down stake in ITV |Media |

Summary: In the fourth ruling since Sky acquired the shareholding in November 2006, the court of appeal has told the satellite broadcaster it must sell the stake down to less than 7.5, leaving the broadcaster facing a potential loss of 500m. The court of appeal also denied BSkyB permission to appeal to the supreme court on a potential alternative remedy. Sky now has 28 days to apply directly to the supreme court. - link

Sky ordered to sell down stake in ITV |M…

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