, Columnists
Sky Rolls Over for Fox
Rupert Murdoch lobs in an opportunistic bid, and the satellite-TV operator isn't putting up a fight.
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Sky Plc is ready to back a low and opportunistic takeover offer from Rupert Murdoch's 21st Century Fox Inc.
Investors had been speculating that the media mogul would bid for the 61 percent of the U.K. satellite broadcaster he doesn’t already own. They might have hoped for more of a fight from the company's independent directors.