BSkyB extends deadline for Amstrad
August 26, 2007
Sky said its £125 million (E181m) offer would now close on 4 September, after revealing it had received acceptances for almost 86 per cent of Amstrad’s stock.
UK competition watchdogs are now scrutinising the deal to see whether competition in the TV technology market will be affected. The two already have close links, with Amstrad supplying about 30 per cent of Sky’s pay-TV set-top boxes last year.