Sky Sale Could Boost Fox’s Time Warner Bid

If Fox reaches a deal to sell its German and Italian pay-TV outlets, the company may use the proceeds to boost its bid to buy Time Warner. The European assets could fetch $13.5 billion, giving Rupert Murdoch more cash to up his $75 billion offer.

NEWS ANALYSIS

Murdoch’s New Empire: Who’s Up, Down

With News Corp.’s split set for June 28, here’s a breakdown of the mogul’s big bet on his legacy, son James’ bigger role at Fox, and how to read the tea leaves.