After news broke Sunday that Comcast Corp. had made an unsolicited $31 billion bid for European pay TV giant Sky — apparently topping 21st Century Fox’s bid by 16% — Fox issued a brief statement Tuesday.
The statement says in its entirety:
“21st Century Fox (’21CF’) notes the possible offer announcement made by Comcast Corporation (‘Comcast’) for Sky plc (‘Sky’).
“21CF remains committed to its recommended cash offer for Sky announced on 15th December 2016.
“We note that no firm offer has been made by Comcast at this point. A further statement will be made if appropriate.”
Click here to read our earlier report about the offer from Comcast, where you can also click through to reports by The Los Angeles Times and The Hollywood Reporter.