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Comcast seeks to outfox Murdoch with higher bid for Sky

The US cable giant is putting in an informal all-cash offer of more than £22b overall for the satellite TV group

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If successful, Comcast says it intends to maintain Sky's existing brand & culture, as well as its high broadcasting standards.

London

US cable giant Comcast joined in the battle for pan-European satellite TV group Sky on Tuesday, outbidding Rupert Murdoch's 21st Century Fox, whose takeover ambitions have hit UK government resistance.

In a surprise announcement before the London stock market opened, Comcast...

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