12-10-2016, 11:30
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#18
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Area Commander
Join Date: Jan 2011
Location: Western WI
Posts: 7,018
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Quote:
Originally Posted by bblhead672
Their ultimate goal is to have 100% control of information distribution.
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Hunh.
Quote:
21st Century Fox Inc. reached a preliminary deal to acquire full control of Sky Plc for 11.2 billion pounds ($14.1 billion), as billionaire Rupert Murdoch seeks to consolidate his television empire.
Fox, which already holds a 39 percent stake in Sky, proposed acquiring the rest for 10.75 pounds a share, according to a filing Friday in the U.K., a premium of 36 percent over Thursday’s closing price. The bid revives a 2010 deal that was derailed amid a phone-hacking scandal at Murdoch newspapers.
Gaining total ownership of Sky would give Fox, which owns cable networks including FX and Nat Geo, a powerful distribution platform in Europe for pay television and internet. Sky, Europe’s top pay-TV company, provides service to 21.8 million customers across the U.K., Ireland, Italy, Austria and Germany. A deal would marry the global content business of 21st Century Fox with Sky’s direct-to-consumer capabilities, Fox said in a statement.
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Betcha cup of coffee, served in a really classy mug, that Soros is NOT doing cartwheels over this.
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"Civil Wars don't start when a few guys hunt down a specific bastard. Civil Wars start when many guys hunt down the nearest bastards."
The coin paid to enforce words on parchment is blood; tyrants will not be stopped with anything less dear. - QP Peregrino
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