14th Aug 2018 06:51
LONDON (Alliance News) - Twenty-First Century Fox Inc has offered Sky PLC Chief Executive Officer Jeremy Darroch a share deal to retain him in his position were Sky to be acquired by Fox, the Daily Mail reported on Monday.
http://www.thisismoney.co.uk/money/markets/article-6056537/Fox-offers-Sky-boss-Jeremy-Darroch-lucrative-share-deal-stay-on.html
According to the newspaper, Darroch and Chief Operating Officer Andrew Griffith would be offered a holding in Fox if the US firm, owned by media tycoon Rupert Murdoch, succeeds in its Sky takeover bid.
Fox is currently fighting against US media company Comcast Corp over Sky with the offers valued at GBP24.5 billion and GBP26 billion, respectively, after Comcast increased its offer in a move to outbid Fox's.
At the end of July, Sky said the independent committee of its board recommended shareholders to accept Comcast's offer.
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