Stocks in the U.S. communications services rose alongside a broader increase in tech names.
Comcast's Sky is buying U.K. broadcaster ITV's TV business for about $2 billion. Comcast shares were down slightly, while ITV's flitted between small gains and losses.
Rogers Communications is buying out the final portion of Maple Leaf Sports and Entertainment from Kilmer Sports for 4.35 billion Canadian dollars ($3.06 billion), giving the telco total control of one of Canada's most lucrative sports businesses. The transaction, which is expected to close in the fourth quarter of the year, consolidates full ownership of the Toronto Maple Leafs, Toronto Raptors, Toronto FC and the Scotiabank Arena under Rogers.
Satellite services provider Iridium Communications said it had completed the acquisition of air traffic surveillance systems supplier Aireon.
Write to Paulo Trevisani at paulo.trevisani@wsj.com
