Report
Neil Macker
EUR 101.80 For Business Accounts Only

Comcast Jumps Into Sky With an Unsolicited Bid; We Expect a Counterbid From Fox or Disney

Comcast announced on Feb. 27 that it is making an unsolicited bid of GBX 1,250 per share in cash to purchase Sky plc. The proposal is roughly 16% above the GBX 1,075 offer from Fox, which owns 39% of the outstanding shares in the U.K.-based pay-TV operator. Comcast’s management has not discussed its offer with the independent directors at Sky or the appropriate U.K. regulatory bodies, but the proposal does start the discussion process with both groups. Comcast’s bid for Sky depends on acquiring ...
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Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Neil Macker

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