UK Watchdog Eyes $245M BSkyB Deal For Virgin TV

Law360, New York (July 20, 2010, 6:53 PM EDT) -- The U.K.'s Office of Fair Trading will assess British Sky Broadcasting Group PLC's recently announced acquisition of certain television channels from Virgin Media to determine whether the deal warrants a full investigation for potential competition concerns.

On Tuesday the OFT invited interested parties to submit comments on the deal before Aug. 4, and said it expects to have a final decision on the issue by Sept. 14. If the OFT determines that the deal could potentially curb competition, it may refer the matter to the U.K.'s...
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