Comcast Flies Above Fox/Disney, Will Acquire Sky for $39B

According to Bloomberg, on Saturday, Comcast outbid rival Fox-Disney in its pursuit of European pay-channel Sky, acquiring Sky for approximately $39 billion.

JPMorgan, Others Support 21st Fox in Bidding War for Sky

Goldman Sachs, Deutsche Bank and JPMorgan committed to providing bridge financing to support 21st Century Fox’s £15.325 billion ($20.18 billion) bid to purchase UK-based media company, Sky. Law firm Simpson Thacher is representing 21st Century in its bidding war with Comcast.