Comcast Clears EU Hurdle in $29 Billion Bid for Sky

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European Union regulators on Friday stated they gained’t object to cable large Comcast Corp.’s $29 billion bid for Sky PLC, clearing one other hurdle in what is anticipated to be a bidding conflict for the British pay-TV large with Walt Disney Co. and Rupert Murdoch’s 21st Century Fox Inc.

The Sky battle—which has performed out for months—extra not too long ago has been relegated to a facet skirmish in a a lot greater standoff between Disney and Comcast. Every are attempting to purchase an enormous chunk of Fox belongings. Disney and Fox agreed to a $52 billion inventory deal…

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