{"id":5530,"date":"2014-09-17T00:00:00","date_gmt":"2014-09-17T00:00:00","guid":{"rendered":"http:\/\/worldscreen.com\/tveurope\/2014\/09\/17\/sky-deutschland-board-urges-investors-to-reject-bskyb-offer\/"},"modified":"2014-09-17T00:00:00","modified_gmt":"2014-09-17T00:00:00","slug":"sky-deutschland-board-urges-investors-to-reject-bskyb-offer","status":"publish","type":"post","link":"https:\/\/worldscreen.com\/tveurope\/2014\/09\/17\/sky-deutschland-board-urges-investors-to-reject-bskyb-offer\/","title":{"rendered":"Sky Deutschland Board Urges Investors to Reject BSkyB Offer"},"content":{"rendered":"

\n\tUNTERFÖHRING: 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.<\/p>\n

\n\tIn 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 part of the agreement, BSkyB also offered to buy the shares of Sky Deutschland's minority shareholders for 6.75 euros ($8.75) each. This is a small premium on the company's current share price. The offer, according to a joint statement from the company's executive and supervisory boards, “does not reflect the full potential and thus intrinsic value of Sky Deutschland’s business.”<\/p>\n","protected":false},"excerpt":{"rendered":"

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 …<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[69],"tags":[],"class_list":["post-5530","post","type-post","status-publish","format-standard","","category-top-stories"],"yoast_head":"\nSky Deutschland Board Urges Investors to Reject BSkyB Offer<\/title>\n<meta name=\"description\" content=\"Sky Deutschland Board Urges Investors to Reject BSkyB Offer. 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