Comcast Says It Isn’t Mulling BSkyB Bid, Disputing Report
Comcast Corp. (CMCSA), the largest U.S. cable company, said it isn’t considering an offer for British Sky Broadcasting Group Plc (BSY), disputing a report from the New York Times that said it was “mulling” a bid.
“This is complete rubbish, speculation and inaccurate,” D’Arcy Rudnay, a spokeswoman from Philadelphia-based Comcast, said of the Times story.
BSkyB, Britain’s largest satellite broadcaster, could become available for purchase following News Corp. (NWSA)’s failed attempt to buy the portion of the company it doesn’t already own, the Times reported. News Corp. abandoned the deal after its U.K. publishing unit hacked into the phones of politicians and celebrities, drawing criticism from British lawmakers.
Julie Henderson, a spokeswoman for News Corp., declined to comment on the New York Times report.
“We are standing by our story,” said Danielle Rhoades Ha, a New York Times Co. spokeswoman.
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