Media firm Fox's â¹94,000cr takeover bid for Sky to be probed
Founder of 21st Century Fox, Rupert Murdochâs $14.4 billion (â¹94,000 crore) takeover bid for telco Sky is to be investigated by UK's media regulator. This is to see if the takeover gives Murdoch too much control of UK's news output and whether Murdoch family is a âfit and properâ owner. Earlier, Murdoch critics called for the bid to be blocked.