Sky Sales Growth Gives Disney Another Reason to Raise Bid
- Full-year sales show Sky business has ‘momentum,’ CEO says
- Disney weighing counterbid to Comcast’s $26 billion offer
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Sky Plc gave Walt Disney Co. another reason to consider bidding higher for Britain’s top pay-TV company, reporting full-year sales in line with analysts’ estimates as its customer base grew.
Disney Chief Executive Officer Bob Iger is weighing whether to trump Comcast Corp.’s 26 billion pound ($34 billion) offer for the broadcaster, part of a wider battle between the U.S. giants for the bulk of Rupert Murdoch’s media empire.