CBS to take Ten as rivals submit

Original article by Stephen Brook, Dana McCauley
The Australian – Page: 26 : 16-Oct-17

Lachlan Murdoch failed to lodge a legal challenge to the transfer of Ten Network’s shares to CBS Corporation by the deadline of 13 October, and Bruce Gordon is also believed to have not done so. News Corp Australasia executive chairman Michael Miller says Ten’s acquisition by the US media group now seems to be inevitable, and he has told the Radio Alive conference that News Corp would be willing to produce local content in partnership with CBS.

CORPORATES
TEN NETWORK HOLDINGS LIMITED – ASX TEN, CBS CORPORATION, NEWS CORP AUSTRALIA PTY LTD, NEWS CORPORATION – ASX NWS, 21ST CENTURY FOX INCORPORATED, AUSTRALIA. FOREIGN INVESTMENT REVIEW BOARD, COMMERCIAL RADIO AUSTRALIA LIMITED, VIACOM INCORPORATED, CHANNEL 5 BROADCASTING LIMITED

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