Moody's said that Fox's increased bid for Sky is credit negative for an independent Fox and for a Disney-Fox combination, but does not impact Fox's review for upgrade of its ratings
Moody's Investors Service (Moody's) said that 21st Century Fox America, Inc (Fox) (Baa1 review for upgrade), a wholly-owned subsidiary of Twenty-First Century Fox, Inc. announced an increase in its bid to acquire the 61% of Sky plc (Sky) (Baa2, developing outlook) that it does not already own to...
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