Fox’s Bid for Sky ‘Looks Less Rational’ as Costs Escalate

Reuters Breakingviews: Rupert Murdoch’s bid for Sky looks ever less rational. The media mogul’s 21st Century Fox in December offered 11.7 billion pounds to buy the 61 percent it doesn’t own of the UK pay-TV group. Murdoch will struggle to make the deal pay – though that may not stop him.