Comcast is expecting Fox/Disney to raise its offer for Sky, sources say
https://www.cnbc.com/2018/09/20/comcast-is-expecting-foxdisney-to-raise-its-offer-for-sky-sources.html
Comcast expects its rivals at Disney and Fox will force them to bump their bid, likely by billions of dollars, in the coming one-day auction for British satellite TV provider Sky, according to people familiar with the matter.
This weekend, Comcast and Fox (working in concert with Disney) will conclude their months-long battle to own Sky, with split ownership between Fox (and soon to be Disney) and public shareholders. The companies have gone back and forth several times with increased bids for Sky, but neither company has said its offer is "best and final." To put an end to the process, the U.K. takeover panel has made the rare decision to settle ownership with a three-round auction, which will take place this weekend, according to a U.K. takeover panel statement.