Activist Elliott argues Sky is worth over $34 billion, UK regulator says
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LONDON (Reuters) - Activist hedge fund Elliott believes Walt Disney’s deal to buy assets from Twenty-First Century Fox has valued Sky at more than $34 billion(26.15 billion pounds), higher than any of the current offers for the British broadcaster, Britain’s takeover regulator disclosed on Wednesday.Sky is at centre of a bidding battle between Rupert Murdoch’s Fox, which already owns 39 percent of the pay-television company, and U.S. cable giant Comcast. Disney has also agreed a separate..