(Reuters) Two hedge funds that have criticised Twenty-First Century Fox’s takeover of Britain’s Sky have said Comcast Corp’s rival $31 billion offer for the broadcaster is likely to trigger a higher counter-bid for the company. Comcast on Tuesday offered 12.50 pounds-a-share for the pay-television operator, seeking to disrupt a deal struck in December 2016 by Rupert Murdoch’s Fox to acquire the 61 percent of Sky that it does not already own for 10.75 pounds-a-share.
Hedge Funds Expect Counter Bid for Sky After Comcast Offer
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