Donate to Remove ads

Got a credit card? use our Credit Card & Finance Calculators

Thanks to johnstevens77,Bhoddhisatva,scotia,Anonymous,Cornytiv34, for Donating to support the site

Agreed offer for Sky plc (SKY)

Discuss Stock buying Shares, tips and ideas for stock market dealing
Asagi
Posts: 39
Joined: November 4th, 2016, 1:52 pm
Has thanked: 3 times
Been thanked: 5 times

Agreed offer for Sky plc (SKY)

#13733

Postby Asagi » December 9th, 2016, 4:43 pm

well, that was the most obvious takeover bid of all time.

After a period of negotiation, the Independent Directors of Sky and 21st Century Fox have reached agreement on an offer price of £10.75 per share in cash

http://www.investegate.co.uk/sky-plc--s ... 57224904R/

no doubt this will cause a lot of political grumblings. I am particularly annoyed as I have been looking at it very closely for the last month or so. Congrats to any holders.

Asagi (no position)

gbjbaanb
Lemon Slice
Posts: 582
Joined: November 4th, 2016, 1:17 pm
Has thanked: 192 times
Been thanked: 126 times

Re: Agreed offer for Sky plc (SKY)

#13939

Postby gbjbaanb » December 10th, 2016, 2:50 pm

I was lucky - bought a few a while back because people were talking about the SKY Q box delivering 4k content. But it was just luck.

Anyway, the price today is just over £10, so there's 7% waiting to be claimed, at the risk the takeover fails. i see some people grumbling the offer should have been £14, but I guess they always think that :)

kempiejon
Lemon Quarter
Posts: 3488
Joined: November 5th, 2016, 10:30 am
Has thanked: 1 time
Been thanked: 1145 times

Re: Agreed offer for Sky plc (SKY)

#13955

Postby kempiejon » December 10th, 2016, 3:46 pm

also discussed here viewtopic.php?f=15&t=1457

toofast2live
Lemon Slice
Posts: 494
Joined: November 4th, 2016, 2:24 pm
Has thanked: 2 times
Been thanked: 98 times

Re: Agreed offer for Sky plc (SKY)

#14074

Postby toofast2live » December 11th, 2016, 9:47 am

The price was £11.40 last year and I can't see the big boys rolling over for less than that.

Let battle commence!

YeeWo
Lemon Slice
Posts: 424
Joined: November 5th, 2016, 10:12 am
Has thanked: 297 times
Been thanked: 118 times

21c Fox bid for SKY TV

#14655

Postby YeeWo » December 13th, 2016, 10:52 am

I'm sure you've all read the same News Reports I have about Mr Murdoch tidying up his holdings, bidding via 21st Century Fox for the 61% of Sky he doesn't already control. I think this may be a decent opportunity for a wee-bit of carpet-bagging!: -

- Sky SP today is £9.82. Mr Murdoch is offering £10.75! If the iNeds do their Job Properly and robustly defend the interests of Independent Shareholders a bid of £13+ is being speculated-on by Fund Managers in order for Mr Murdoch to get his way.
- I read Mrs May was in New York in September and had a meeting with Mr Murdoch. I find it hard to believe this wasn't discussed and that Mr Murdoch and Mrs May didn't agree the political landscape has changed and that Fox will not face the same opposition they did in 2011! :roll:
- The Guardian/BBC et al are starting to raise Phone Hacking/Millie Dowler etc etc again in their predictably anti-Murdoch fashion. Given the Labour Party is going through a period of self-destruct it will be interesting to see if they try and create trouble?

Over to The Floor : Opinions Please! Christmas Cracker or Cold Turkey? :lol:
Moderator Message:
moved to prevent too many threads on the same topic, regards, mods


Return to “Stocks and Share Dealing Discussions”

Who is online

Users browsing this forum: No registered users and 11 guests