Fitch: FOX Asset Sales Enhance Financial Flexibility in Pursuit of Time Warner

CHICAGO–(BUSINESS WIRE)–Fitch Ratings believes Twenty-First Century Fox, Inc.’s (FOXA) decision to transfer its European direct broadcast satellite businesses to British Sky Broadcasting Group plc (BSkyB) in a transaction valued at approximately $9.3 billion improves the company’s liquidity position and overall financial flexibility.


Read all

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.