Solved: Types of auction was the sky auction, Microeconomics

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Types of auction was the sky auction

Assignment:

After many months of offers and counter offers for Sky PLC, the UK's The Takeover Panel (https://www.thetakeoverpanel.org.uk/) required that Sky PLC be acquired via an auction. What type of auction was the Sky auction, who were the bidders and who won? Given that there had been multiple public offers revealed by the bidders, was the auction type selected the best type of auction for the Sky acquisition?

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