Fox & Comcast’s $30B Takeover Of Sky To Be Settled This Weekend By Blind Auction If No Further Bids
Deadline -

21st Century Fox and Comcast have until the end of the week to duke it out for a $30B+ takeover of European pay-TV giant Sky otherwise the matter will be settled by a blind auction.

Both companies have until September 22 to make a "best-and-final" offer for the pay-TV broadcaster before Britain's Takeover Panel will step in and run a rare auction for the company.

Such a scheme has rarely been used in British business but the back-and-forth nature of the global race to buy…

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