Saturday, December 10, 2016

Dealer

Everything comes to he who waits. Trump's broadcaster of choice, Rupert Murdoch, seeks to buy the rest of the Sky operation, for £11.2bn. Currently each of those pounds costs him $1.25. A year ago, it would have been $1.50.  In June 2010, the time of the last bid, it was $1.50.

The modern Murdoch rarely makes a move without being faily confident it's a runner. It will be interesting to look back on ministerial and other contacts with the May Government over the past six months when they are disclosed.

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