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Fox’s Sky Bid Hits New Bump: Government Raises Broadcasting Standards Concerns

UK Culture Secretary Karen Bradley has told Parliament she is minded to refer 21st Century Fox's £11.7B takeover bid for Sky to the Competition and Markets Authority for review on the grounds of media plurality and commitment to broadcasting standards. This is the latest bump in the road for Rupert Murdoch's attempt to buy the long-coveted 61% of pay-TV giant Sky that Fox does not already own.
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