In this file photo taken on March 17, 2017 A Sky logo is pictured outside pay-TV giant Sky Plc's headquarters in Isleworth, west London on March 17, 2017. / AFP / Daniel LEAL-OLIVAS
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A titanic takeover battle for European TV operator Sky between Rupert Murdoch's 21st Century Fox and U.S. cable giant Comcast culminates Saturday in a rare blind auction.The showdown will help determine whether Australian-born U.S. citizen Murdoch succeeds in acquiring the 61 percent stake in Sky he does not already have but has long sought.Saturday's auction has thus turned into a proxy battle between Comcast and Disney for Sky.Fox has proposed to remedy this by sell the rolling TV news channel to Disney should it win full control of Sky.Sky is currently trading at £15.85 a share – above Comcast's latest offer price of £14.75 .
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