News Corp chief operating officer Chase Carey has said he believes his company has already offered a "fair price" to take full control of UK satellite TV provider BSkyB.

Last June, Rupert Murdoch's News Corp offered 700 pence a share, or around $14 billion (£8.6 billion), and last week got a nod towards getting through a convoluted regulatory process in the UK.

BSkyB's independent board asked News Corp to up its offer to 800 pence last year, but since then BSkyB's value has soared to 831 pence at market close in London. Some BSkyB holders have suggested the dominant pay-TV business in the UK is worth 950 pence, or an extra £3 billion.

News Corp president Chase Carey said the company is still focused on getting the proposed transaction through the regulatory transaction and said his company had already valued BSkyB fairly.

"It's troubling out there; some seem to have forgotten this stock was trading in the fives not too long ago," he said speaking at an investor conference.

Reuters