Fox’s Sky Takeover Delayed as British Government Refers Deal to Competition Body

Rupert Murdoch’s attempt to land one of the crown jewels of European media was dealt a major setback Thursday after the British government said that 21st Century Fox’s £11.7 billion ($14.9 billion) takeover of Sky needed to be scrutinized by U.K. competition authorities. Culture secretary Karen Bradley told Parliament that she was “minded to” have Britain’s Competition... Read more » Stewart Clarke