22nd Jun 2015 07:32
LONDON (Alliance News) - The Murdoch family is understood to have rejected two bids for its stake in Sky PLC, stoking speculation that they intend to make a new attempt to take full control of the broadcaster, The Daily Telegraph reported on Saturday.
The most recent bid is understood to have come from Vivendi SA, the French media conglomerate, while Vodafone Group PLC also made an informal approach for the Murdoch's stake in Sky last year, the newspaper said.
Sky shares were up 4.5% to 1,085.00 pence in early trade Monday, the best performer in the FTSE 100.
By Sam Unsted; [email protected]; @SamUAtAlliance
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