(Reuters) - Comcast Corp (O:CMCSA) on Wednesday raised its offer for Britain's Sky (L:SKYB) in a deal valuing the pay-TV group at $34 billion, challenging a raised bid from Twenty-First Century Fox (O:FOXA).
Comcast's offer of 14.75 pounds per share was higher than the 14 pounds per share, or $32.5 billion, offered by Rupert Murdoch's Fox earlier in the day.
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