21st Century Fox has defended its £11.7bn takeover bid for broadcaster Sky after Culture Secretary Karen Bradley said she was “minded” to intervene in the deal after concerns about about media plurality and broadcasting standards.
Ms Bradley has been weighing up whether to refer the deal to Ofcom after warning it could pose “public interest considerations” that warranted further investigation.
One concern is that the merger would give businessman Rupert Murdoch too much control over the British media as both Sky and Fox are controlled by Mr Murdoch, who also owns News UK, publisher of the Times and the Sun newspapers.
When it comes to legal advice, all businesses need someone skilled, reliable and experienced they can turn to for support and guidance. At Wrigley Claydon we are here to develop and give effect to the legal arrangements needed to help you achieve your commercial objectives and manage business risk.
If you are considering a company merger, acquisition or joint venture or are in the midst of a shareholder dispute or share capital transaction please contact us.
Call 0161 785 3573 to speak to our corporate solicitors John Porter and Soibi Iketubosin in our Company/Commercial Department or email email@example.com or firstname.lastname@example.org.
Latest posts by John Porter (see all)
- Changes to Employment Law April 2020 - 5th April 2020
- Toys R Us on brink of administration - 8th January 2018
- Talk over sale of Newcastle Utd as owner Ashley meets investment firm - 22nd December 2017
- GVC gambles on Ladbrokes Coral takeover - 15th December 2017
- UK retail sales up in October against last year - 22nd November 2017