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Comcast increases its offer for British broadcaster Sky

CNNMoney

Comcast has raised the stakes in the bidding war for Sky.
Comcast made a new bid late Wednesday for the British broadcaster. Comcast's sweetened offer values Sky at £26 billion, or about $34 billion.
Earlier in the day, 21st Century Fox said it had a reached a deal to buy Sky that valued it at £24.5 billion, or about $32.5 billion. Fox already owns about 39% of Sky.

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