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UK delays decision on Sky merger approval

AP  |  London 

Britain's culture secretary has delayed any decision in the proposed of Sky and Twenty-First Century Fox.

Karen Bradley said today she would give regulators more time to offer submissions on the matter because the upcoming June 8 British The reports had been due in May but will now be due June 20.

Bradley says "once these reports are received, my decision-making role in this process would resume."

The would help Rupert Murdoch consolidate his power base in British media. His US media group Twenty-First Century Fox already owns just over 39 percent of Sky Plc.

Earlier attempts to buy Sky were thwarted by the 2011 phone hacking scandal that rocked Murdoch's British newspapers and led to the closing down of the 168-year-old of the World tabloid.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Fri, April 21 2017. 22:42 IST