Sky says This kind of could shut Sky News if Fox takeover blocked

British broadcaster Sky has said in which This kind of could shut down Sky News if its ownership of the channel proves to be an obstruction to the company’s 11.7 billion-pound ($15.4 billion) takeover by Rupert Murdoch’s Twenty-First Century Fox.

Fox’s 10.75 pound-a-share bid to acquire the 61 percent of Sky in which This kind of does not already own is actually being investigated by Britain’s Competition as well as also Markets Authority (CMA), which is actually examining whether the takeover would likely have an adverse impact on the country’s plurality of media ownership as well as also broadcasting standards.

Murdoch-controlled News Corp also owns The Times as well as also The Sun newspapers in Britain.

In a submission made to the CMA last month yet published by the regulator on Tuesday, Sky said This kind of “would likely likely be prompted to review” its position “from the event in which the continued provision of Sky News in its current form unduly impeded merger as well as also/or different corporate opportunities available in relation to Sky’s broader business”.

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