Perhaps those (I have to include myself here) predicting a slowdown in UK M&A post Brexit spoke too soon.
News Corp - the publishing company controlled by media tycoon Rupert Murdoch - has just announced it is purchasing Talksport-owner Wireless Group for £220 million. Here is a link to the regulatory news service announcement:
http://www.investegate.co.uk/news-corporation/rns/recommended-cash-offer-for-wireless-group-plc/201606301306118302C/
Or, maybe it's just a case of Rupert Murdoch, who recently described Britain's withdrawal from the European Union as 'wonderful', putting his money where his mouth is.
Fair play, I guess.
But I'm pretty sure this will rekindle the bid rumours (which have been lingering in the London market for the last year or so) about Sky...
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