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21st Century Fox Bid for Sky Is Provisionally Rejected by U.K. Regulator
Britain’s competition regulator provisionally rejected on Tuesday a bid by 21st Century Fox to take control of the British satellite broadcaster Sky on the grounds that it was “not in the public interest,” it said in a statement.
The regulator said on Tuesday that it had “found that Fox taking full control of Sky is not in the public interest due to media plurality concerns” and that, as a result, it “provisionally concludes that the proposed transaction is not in the public interest.”
The New York Times
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