Rupert Murdoch's News Corp (NWSA.O) should pay 11 billion pounds ($17.91 billion) to buy out satellite broadcaster BSkyB (BSY.L), said a top five investor, according to a report in the Sunday Times. Fidelity Investments, which has a 3 percent stake in Sky, wrote a letter to a BSkyB independent director, saying a "fair value" would be 950 pence per share, with an additional premium to gain full ownership, the newspaper said. That would mean News Corp paying out around 3 billion pounds more than it has currently put on the table. News Corp made an initial offer of 700 pence per share last summer. Sky's independent directors said they wanted over 800 pence, but analysts have been pointing to an asking price of over 900 pence per share since the deal cleared a major regulatory hurdle on Thursday. [ID:nLDE72205C] ($1=.6142 Pound) (Reporting by Rosalba O'Brien; Editing by Jon Loades-Carter)
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