Court challenge delays vote on CBS’ Australian TV station buyout

https://s4.reutersmedia.net/resources/r/?m=02&d=20170907&t=2&i=1200329019&w=&fh=545px&fw=&ll=&pl=&sq=&r=LYNXNPED8608U

Court challenge delays vote on CBS’ Australian TV station buyout

CBS Corp’s (CBS.N) buyout of struggling Australian broadcaster Ten Network Holdings Ltd (TEN.AX) will be delayed at least a week, after a court on Thursday said it would pause the deal to hear a challenge by a rival bidder.

https://www.reuters.com/article/us-ten-network-m-a-cbs-corp/court-challenge-delays-vote-on-cbs-australian-tv-station-buyout-idUSKCN1BI08G?feedType=nl&feedName=innovationNews&utm_source=Sailthru&utm_medium=email&utm_campaign=US%20Deals%20Today%202017-09-07&utm_term=US%20Deals%20Today

Advertisements