3. Comcast Enters Bidding War Over U.K. TV Provider Sky, Currently Valued At $32.5 Billion
Comcast has found itself in its second bidding war of the year so far, and this time, the cable provider is tussling over British media and TV provider Sky PLC.
Comcast is going up against 21st Century Fox -- the very same business unit it's also trying to acquire -- for Sky's media content. 21st Century Fox upped its bid in July to $32.5 billion, beating out Comcast's offer of $30.7 billion. Comcast is expected to reveal a counterbid of its own soon.