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Murdoch bids for Sky on cheap after Brexit vote |
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#26 |
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Inactive Member
Join Date: May 2009
Posts: 17,092
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Quote:
Because it now includes Sky's operations in Germany and Italy, which they bought for £5Bn in 2014 from....
Rupert Murdoch. http://www.bbc.co.uk/news/business-28479200 When they made the bid they weren't offering the share price, they were offering almost 40% more than the share price which has now shot up by 50%. |
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#27 |
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Forum Member
Join Date: Dec 2002
Location: Nottingham, UK
Posts: 1,059
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Quote:
Their bid now is still more than the bid they made in 2010, including that £5 billion, about £1.5 billion more.
When they made the bid they weren't offering the share price, they were offering almost 40% more than the share price which has now shot up by 50%. While the share price may not have reflected it thanks to the overall post-referendum depression of companies in the FTSE who trade mainly here, sinking from 1000p a year ago to about 750p before the buying frenzy on Friday, the company is worth a lot more now than it was six years ago. |
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#28 |
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Forum Member
Join Date: Dec 2011
Posts: 2,582
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Quote:
What is political about this exactly ?
Is Sky TV compulsory to pay for like the BBC is if you have a TV or is this just an excuse for the OP to mention Brexit yet again? Murdoch is now able to bid for total control of Sky because of the fall in sterling caused by Brexit. Murdoch has done deals with several PMs including Thatcher, Blair and Cameron to support them in return for "favours". Hence the silly "Corbyn dancing at the Cenotaph" headlines to damage Labour & help keep the Tories in power. It's estimated that the influence of Murdoch's media empire has caused a minimum 6% shift in voting intentions. That includes Blair's landslide victory & Brexit. Gaining more control of Sky gives him even more power in the UK and abroad. |
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#29 |
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Forum Member
Join Date: Apr 2014
Posts: 10,592
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Quote:
Murdoch's media empire lied to ensure their readers were more inclined to vote for Brexit.
Murdoch is now able to bid for total control of Sky because of the fall in sterling caused by Brexit. Murdoch has done deals with several PMs including Thatcher, Blair and Cameron to support them in return for "favours". Hence the silly "Corbyn dancing at the Cenotaph" headlines to damage Labour & help keep the Tories in power. It's estimated that the influence of Murdoch's media empire has caused a minimum 6% shift in voting intentions. That includes Blair's landslide victory & Brexit. Gaining more control of Sky gives him even more power in the UK and abroad. |
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#30 |
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Inactive Member
Join Date: Jan 2008
Posts: 2,229
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Quote:
Murdoch's media empire lied to ensure their readers were more inclined to vote for Brexit.
Murdoch is now able to bid for total control of Sky because of the fall in sterling caused by Brexit. Murdoch has done deals with several PMs including Thatcher, Blair and Cameron to support them in return for "favours". Hence the silly "Corbyn dancing at the Cenotaph" headlines to damage Labour & help keep the Tories in power. It's estimated that the influence of Murdoch's media empire has caused a minimum 6% shift in voting intentions. That includes Blair's landslide victory & Brexit. Gaining more control of Sky gives him even more power in the UK and abroad. |
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