#SKY – recommends shareholders accept 1728p per share Comcast offer immediately

Is Sky the first FTSE-100 name headlining a deal Sunday?

So we wake to Sky (SKY) having a new owner, as media behemoth Comcast beat another media behemoth Fox (in effective combination with Disney) in a blind auction for Europe's biggest satellite TV operator.  Boy did it pay up though.  Comcast won with a final bid of £17.28 a share, versus a Fox bid of £15.67 a share for the 61% of Sky it did not already own.  So if you own Sky shares...well done.  As I own Disney shares, I feel more relief that it did not massively overpay (Disney is already buying a bunch of assets from 21st Century Fox and is in the throes of launching its own streaming channel to compete with Amazon and Netflix, so it has enough on its plate). 

#SKY – notes Comcast timetable extension, recommended offer open until 1pm 12th Sept

#SKY – increased 1475p per share recommended offer from Comcast

#SKY – increased 1400p per share recommended offer from 21st Century Fox

Sky - post Bank Holiday brain cell-sapping statement

I wrote just over a month ago, urging you to sell your Sky (SKY) shares and today's post Bank Holiday brain cell-sapping statement reiterates this for me.

Time to cash out of Sky despite counter-bid frenzy

Whilst Sky plc (SKY) was happily disclosing in a regulatory news story that 'Sky Q takes another big leap forward...Next major wave of product innovation, and Spotify set to launch in spring' (which I am sure will mean something to all the millennials out there), the big news for the company was happening elsewhere with the announcement that US media giant Comcast has made a 1250p cash bid. Now this is interesting at many levels.

#SKY – possible 1250p per share offer from Comcast

#SKY – H1 adj. EPS +11%, DPS +4%, expects consumer environment to remain challenging but confident in strategy

The hedge funds get greedy on Sky...so should you?

Back in October I talked about how you could profitably play at being a hedge fund manager via buying some shares in media giant Sky (SKY) - see HERE. From then to now this call has worked out well and the discount to the proposed takeover price has narrowed sharply. Sounds like a building need to make a decision whether to hold on or cash out...except a lot of other stuff has changed.

A bit of a one-sided merger arb. Buy Sky

We all know the market is a bit too excitable currently and that opportunity is in most cases more fleeting than structural. Analytically that pulls me towards market leaders, good balance sheets and dividends. It also makes me wonder about the strategies of hedge funds. This website has a proud history of spotting good shorts - and I see Tom has just unveiled a new bottom-end of the larger cap brethren short idea HERE. Another popular hedge fund strategy is merger arbitrage i.e. betting on whether deals complete or not and from this perspective I got thinking about Sky (SKY) which has just reported its first quarter numbers. 

#SKY – FY adj. EPS +13%, DPS +2%, “each of our markets is making very strong progress”

Look to the Sky for a a Share Worth Watching.

Hello Share Badgers. I like tv companies these days because the army of couch potatoes is on the march. It seems to me that many people are becoming addicted to the box in the corner and it is getting worse.You only have to trawl through the huge list of British channels now on offer to realise that the national appetite for rubbish is amazingly strong.

Sky Shares Head Skywards Again As the Telly Army Shows No Sign of Doing Something Else.

Hello Share Polishers. Despite the fact that we should have all got fed up with it over the last 60 years, the time we waste watching the one-eyed monster in the corner ( a staggering 4 hours daily in the UK)  is a sad indictment on the human race. It saves doing any work you see. You don’t even have to read anything.

Sky at Night May Be Big and Bright, Deep in the Heart of Shareland.

Hello Share Planners. The graph for Sky plc (SKY) looks like the beginning of a jagged mountain range. It keeps on going up, but very much in the three up and two down mode.