Super Saturday? Sky awaits rare weekend auction

Sky is the final prize in a competition between Comcast and Walt Disney for the bulk of Rupert Murdoch’s media empire

Battle for Sky coming to a close. Pic: Getty

Thedrawn-out battle for control of Sky between 21st Century Fox and Comcast will reach a climax this Saturday in a one-day auction that will settle who is willing to pay the most for Europe’s biggest satellite carrier.

Britain’s Takeover Panel has laid out the guidelines for an auction of as many as three rounds on Saturday. Sky investors will have about two weeks to decide to tender their shares to whichever offer they ...