Comcast will own all of Sky as Fox sells its stake for $15 billion

The summer’s Fox / Comcast / Disney drama came to a close last week when Comcast finally managed to outbid 21st Century Fox for a controlling stake in European TV and broadband provider Sky for $38.8 billion. And now, having lost that battle, Fox is ceding the remainder of its existing 39 percent ownership to Comcast in a $15 billion deal that would see Comcast gain full control of the UK telecom company, as reported by Variety.