News Corp courts BSkyB board with improved offer
source: http://www.guardian.co.uk/media/2010/jun/15/news-corp-bskyb-rupert-murdoch
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News Corporation has increased its offer to take full control of BSkyB, which has again been rebuffed by the broadcaster, but the two companies have agreed to hold talks to find a mutually agreeable price and tackle regulatory issues.
It emerged last night that Rupert Murdoch's News Corporation had made a bid of 675p per share in cash to take control of the 61% in BSkyB the company does not already own. The offer was rejected by BSkyB's independent directors as undervaluing the company.
http://www.guardian.co.uk/media/2010/jun/15/news-corp-bskyb-rupert-murdoch
News Corporation has increased its offer to take full control of BSkyB, which has again been rebuffed by the broadcaster, but the two companies have agreed to hold talks to find a mutually agreeable price and tackle regulatory issues.
It emerged last night that Rupert Murdoch's News Corporation had made a bid of 675p per share in cash to take control of the 61% in BSkyB the company does not already own. The offer was rejected by BSkyB's independent directors as undervaluing the company.
http://www.guardian.co.uk/media/2010/jun/15/news-corp-bskyb-rupert-murdoch
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- groups:
- Community, News and Politics, Current Tonight
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- tags:
- Capitalism, Network, BSkyB, Buying
