Paramount Australia & New Zealand

[bacco007]

We will try and summarise the situation as best we can in this thread

Ten in administration - Q&A/Summary

The purpose of this thread is to summarise the ongoing situation with Ten - it will be updated as information comes available or questions are answered Current Status Ten Network Holdings are under administration Timeline 10th/11th June - Three major shareholders (Murdoch/Gordon/Packer) withdrew support for a new debt arrangement that was to replace an existing loan that was to expire in December 13th June - Ten Network Holdings request ASX trading halt 14th June - Ten declare voluntary ad…