Disney Offers to Buy Sky News to Aid Fox Bid for Broadcaster

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Walt Disney Co. offered to buy Sky News to help Rupert Murdoch’s 21st Century Fox Inc. win over U.K. regulators reviewing Fox’s 11.7 billion-pound ($16.5 billion) acquisition of broadcaster Sky Plc.

Disney is interested in acquiring Sky News regardless of whether its larger $52.4 billion takeover of most of Fox goes through, guaranteeing the editorial independence of the operation, Fox said in a submission to the U.K.’s Competition and Markets Authority.

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