Read this: News Corp offers EC concessions for Sky bid - Business News, Business - The Independent
Summary: In response, the Commission has allowed 10 extra days for the first phase of its inquiry into the planned 12bn deal, extending the deadline from 8 December to 22 December. No details were made public, but it is understood that New Corp, which is seeking to raise its 39.1 per cent stake in Sky to full ownership, has not offered any asset sales. The saga dates back to June, when News Corp first approached Sky's independent directors with a bid valued at 700p per share. - independent.co.ukRead full article: News Corp offers EC concessions for Sky …
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