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Rupert Murdoch’s 21st Century Fox sealed a 14.8 billion dollar deal for control of European TV giant Sky. (AFP)
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News Corp CEO Rupert Murdoch (Reuters: Jessica Rinaldi)
Murdoch Expands his Empire by Buying Sky TV-Firm
London – Rupert Murdoch, the owner of Twenty-First Century Fox (FOXA.O), has expanded his empire by striking a $14.6 billion deal to buy European pay-TV firm Sky, despite the objection of some of shareholders. Reuters quoted Fox as saying that it would pay 10.75...Caption:
Rupert Murdoch poses for a photograph with his sons Lachlan and James. REUTERS/Peter Nicholls