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Time to cash out of Sky despite counter-bid frenzy

By Chris Bailey | Tuesday 27 February 2018


Disclosure: I own shares in one or more of the stocks mentioned. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.


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.

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