April 25 (UPI) -- Comcast finalized its bid for European broadcaster Sky on Wednesday, offering $17.45 per share to top the offer from Rupert Murdoch's 21st Century Fox at $15 per share.
Comcast's $31 billion offer for Sky was initially announced in February. Combining Sky -- which brings entertainment and communications services primarily in Great Britain, Germany and Italy -- with Comcast would bring "attractive financial benefits" to Comcast shareholders, the corporation said.