LONDON — Rupert Murdoch's 21st Century Fox has made a takeover bid for Sky valuing the company at £18.5 billion ($23.3 billion). 21st Century Fox already owns 39.1% of Sky and Murdoch has long ...

His media group 21st Century ... Sky, one of the world's leading pay TV providers. Fox will pay 10.75 pounds ($13.50) per share for the 60% of Sky it doesn't already own. The deal values Sky at 18 ...