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Transcripts For CNBC Street Signs 20180227

25 dragging the rest of the building sector higher. Standard charter trades higher in hong kong after pretax profit jumps 17 5 beating forecasts. Sky shares rallied to a 17year high on news that comcast entered the bidding battle the u. S. Cable giant unveiled a 22 billion pound offer this morning representing a 16 premium to the dealready on the table from 21st century fox. Because both companies create and distribute content, it is said the combined group would be stronger than if 21st century fox takes full ownership of sky. However he says he is willing to coown the company as long as he has a 51 stake. Lots of ins and out. Steve, what can you tell us . A lot of analysts have been looking at this one for a large amount of 2017 comcast is the owner of this company, as you said we want to keep reminding people of that. They need to diversify away there are great pressures on the cable industry neil campo saying the revenue and annuity stream could be of primary appeal to Brian Robert

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