Original article by Darren Davidson
The Australian – Page: 22 : 2-Dec-14

There are forecasts the directors of free-to-air TV group Ten Network will rebuff a takeover bid by pay TV rival Foxtel and US-based ally Discovery Communications on 2 December 2014. It is likely to be worth between $A0.20 and $A0.25 a share, and to be deemed too low by Ten. On 1 December the stock closed at $A0.255. Meanwhile Paul Mallam, the representative of major Ten investor and WIN Corporation owner Bruce Gordon, has stepped down as a member of the Ten board

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