Earlier in August, James Murdoch expressed optimism that the deal would go through – though not until 2018. Fox would have to pay Sky a hefty fee for the delay under the terms of their agreement.
August 25, 2017
‘The British government confirmed Friday that it had received a new report from communications regulator Ofcom on 21st Century Fox’s bid to take over pay-TV broadcaster Sky.
The report was submitted Friday afternoon to government minister Karen Bradley, who had requested further advice from Ofcom as she considers whether to refer the bid to the U.K.’s Competitions and Markets Authority, a move Ofcom recommended in June. No details of the contents of Ofcom’s new report have been disclosed.’