Sky Deutschland Board Urges Investors to Reject BSkyB Offer
UNTERFÖHRING: The management board and supervisory board of Sky Deutschland have advised minority shareholders not to accept an offer from BSkyB, saying that the current bid undervalues the pay-TV operator. In July, BSkyB agreed to buy the 57-percent stake in Sky Deutschland that is owned by 21st Century Fox for £2.9 billion ($4.7 billion). As …
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