Sky TV has terminated discussions about a potential takeover with an unnamed third party.

Last month, the company reportedly received an expression of interest from a prospective bidder hoping to buy the company out.

Earlier today, Sky revealed they had received a non-binding offer from the third party that didn't meet their expectations.

Milford Asset Management's Sam Trethewey explains why Sky rejected this proposed buyout.

LISTEN ABOVE

Sky TV has terminated discussions about a potential takeover with an unnamed third party.
Last month, the company reportedly received an expression of interest from a prospective bidder hoping to buy the company out.
Earlier today, Sky revealed they had received a non-binding offer from the third party that didn't meet their expectations.
Milford Asset Management's Sam Trethewey explains why Sky rejected this proposed buyout.
LISTEN ABOVE

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