Jun 20, 2017
Decision close on Fox's Sky takeover plan
Culture Secretary Karen Bradley has said she will decide by 29 June whether to approve 21st Century Fox's proposed $14.8bn takeover of Sky. Both Sky and Fox are controlled by businessman Rupert Murdoch, who also owns the Times and the Sun newspapers. People opposing the merger, which would give Fox access to Sky's 22 million customers in Europe, have given evidence to Ofcom in recent weeks and fear the deal would give Mr Murdoch too much control of media in the UK. Ms Bradley was due to receive the reports on 16 May but she extended the deadline to this week because of the general election. Mr Murdoch has made a previous attempt to take full control of Sky. Two years later, Mr Murdoch split News Corp into two with 21st Century Fox taking over the TV and entertainment operations, while News Corp kept the newspaper and publishing businesses.
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