Sky Disposes Minority Stake in Technology Firm
April 28 2016 - 3:06AM
Dow Jones News
LONDON--Sky PLC (SKY.LN) said Thursday that it has disposed its
minority share holding in video-based technology company Net Power
& Light Inc. to Wickr Inc.
The broadcasting and communications company disposed its holding
as part of the acquisition of Net Power by Wickr. Sky will receive
shares in the U.S. software company as consideration, which it
intends to hold.
Write to Tapan Panchal at tapan.panchal@wsj.com
(END) Dow Jones Newswires
April 28, 2016 02:51 ET (06:51 GMT)
Copyright (c) 2016 Dow Jones & Company, Inc.
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