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One senior analyst at a London-based hedge fund firm said it was an “incredible outcome”. “Not only the absolute number but also the gap between both offers, which could lead to Fox/Disney selling their stake (or part of it at the very least), thereby de-risking the Comcast offer which is conditional to the more than 50 percent acceptance condition,” he said. Research firm MoffettNathanson said it feared Sky would be an albatross to Comcast. “Comcast would like to have investors view Sky as a platform-agnostic collection of proprietary programming agreements that can serve as a springboard to create a global OTT (over-the-top) provider, and, to be fair, the company does indeed have many proprietary programming agreements,” it said.

“But it seems as though they would like investors to forget that it is also a satellite TV provider, and satellite video distribution is increasingly becoming obsolete.”, The big hurdle to Comcast’s ambitions is the 39 percent of Sky that Fox owns, and which it has agreed to sell to Disney in a separate wider $71 billion deal, Fox’s holding, which Comcast’s offer values at more than $15 billion, stems from Murdoch’s role in the creation of the company as a pioneer in British pay television nearly three decades los angeles rams cufflinks ago..

Fox/Disney have not said whether they will accept Comcast’s offer. Without that holding, Comcast will need about 82 percent of the remaining shares for its bid to cross the threshold for acceptances. Analysts at Royal Bank of Canada said if Fox/Disney do not tender their shares Comcast would be unable to de-list Sky or squeeze them out. “This could be used as leverage by Disney in return for distribution rights, or as part of any future asset swap,” they said on Monday. Sky operates in European markets such as Britain, Ireland, Germany and Italy. The deal also gives Comcast an immediate beachhead in online video streaming with its Now TV business, which has about 2 million customers.

Comcast Chief Executive Brian Roberts has praised Sky’s technology after quietly testing it on a private visit to a shopping center on a previous trip to London, Analysts see Comcast super-charging Now TV to combat Netflix across the globe, And Sky’s relationships to distribute HBO entertainment content and Premier League soccer further insulate Comcast over the next few years, The deal with Disney will leave Fox to focus on assets such as Fox News Channel and its los angeles rams cufflinks broadcast of sports such as National Football League and Major League Baseball..

SINGAPORE (Reuters) - Singapore slapped ride-hailing firms Grab and Uber with fines and finalized restrictions to open up the market to competitors after concluding that their merger in March has driven up prices. Uber Technologies Inc sold its Southeast Asian business to bigger regional rival Grab in March in exchange for a 27.5 percent stake in the Singapore-based firm. While the combined S$13 million ($9.5 million) fine was small compared with the firms’ multi-billion dollar valuations, that and the other measures imposed by the Competition and Consumer Commission of Singapore on Monday represent the strongest censure by a regulator since the deal was unveiled.

The anti-trust watchdog said it would require that Grab drivers not be tied to Grab exclusively and that Grab’s exclusivity arrangements with any taxi fleets be removed, Uber will also be required to sell its car rental business to any rival that makes a reasonable offer and will not be allowed to sell those vehicles to Grab without the watchdog’s permission, The car rental business, Lion City, had a fleet of some 14,000 vehicles as of December, Fining Uber S$6.6 million and Grab S$6.4 million, the regulator said effective fares on Grab rose 10 to 15 percent after the deal, and that the firm now los angeles rams cufflinks holds a Singapore market share of around 80 percent..

Uber said it believed the decision was based on an “inappropriately narrow definition of the market” and would consider appealing. Grab said it completed the deal within its legal rights, and did not intentionally or negligently breach competition laws. It would abide by remedies set out by the regulator, it added. Indonesia’s Go-Jek, which plans to launch services in Singapore, said it welcomed the regulator’s steps. “We’re encouraged to see the measures being taken to level the playing field – it will have a significant effect on our strategy and timeline,” the company said.

Other new entrants to the market include Singapore-based Ryde, Grab said it had not raised fares since the deal and argued that all transport firms, including los angeles rams cufflinks taxi operators, should be subjected to non-exclusivity curbs, Walter Theseira, an economics professor at the Singapore University of Social Sciences, said the regulator measured effective fares in terms of the average price consumers pay after accounting for subsidies and discounts, while Grab defines it as posted fares before any discounts..

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