Comcast Corp. will shortly begin the compulsory buyout of the remaining shares of Sky PLC that it does not already own.
Comcast, which just closed its acquisition of a majority stake in the British pay TV operator, had received from Sky shareholders acceptances of its takeover offer representing about 95.32% of the existing issued share capital, as of Oct. 11.
The U.S. cable giant recently closed a $27 billion notes offering to help finance its acquisition of Sky.