Event:
21st Century Fox, Inc. is seeking to sell its European pay TV assets to its BSkyB unit; this will enhance BSkyB's standing as a pay TV company while divesting Fox of its non-core business; such a deal must still receive regulatory approval
More Notable Events on May 12:
1986 Bicycle is pedaled 65 mph
1984 South Africa prisoner Nelson Mandela sees his wife for 1st time in 22 years
1979 Chris Evert's 125-match winning streak on clay comes to an end
1951 1st H Bomb test, on Enewetak Atoll
1908 Wireless Radio Broadcasting is patented by Nathan B. Stubblefield
