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In a battle among media giants for control of Twenty-First Century Fox's entertainment business, Comcast has blinked. The cable and media company said Thursday that it is dropping its bid, instead focusing on its pursuit of the European pay-TV operator Sky.

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In the Battle for Twenty-First Century Fox, Comcast Blinks

In a battle among media giants for control of Twenty-First Century Fox's entertainment business, Comcast has blinked. The cable and media company said Thursday that it is dropping its bid, …

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