Rupert Murdoch

21st Century Fox offers concession to seal Sky takeover

21st Century Fox has offered to insulate Sky's news operations from the influence of Rupert Murdoch and his family to win approval of its bid to take over the London-based pay TV company.

Fox, in a submission to Britain's competition regulator, said it disagrees with a preliminary finding that the takeover would give Murdoch too much control over the country's media. However, the company said that if the Competition and Markets Authority finalizes its earlier ruling, the best way to mitigate these concerns would be to create a fully independent board that would oversee Sky News and guarantee its editorial independence.

"21CF intends that Sky News will continue to...

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