More on lone shareholder
Maybe theyâve given up? & all gone home to sulk (Bruce was reported last week as having already returned to Bermuda.)
One can hope.
PS: A shame this student is apparently trying to get his face on TV with thisâŚstunt?
Gordon and Murdoch must have legal advice that everything is above board and there is not much they can do.
So FIRB is due this week or next week then transferring of shares next month should CBS assume control in November.
They are too busy preparing a âreportâ.
I think this might just be the opening of the hearing with more scheduled.
Theyâre going to burn the place to the ground before they leave. If they canât have it then nobody will.
Ten Network made to wait over CBS takeover
An application for Ten Network Holdingsâ proposed takeover by American broadcaster CBS has been âtentativelyâ listed for a three-day hearing on October 31.
Rival bidders Bruce Gordon and Lachlan Murdoch have not yet decided on when or how to intervene in the sale of Ten to CBS, the NSW Supreme Court heard this morning.
Lawyers for Ten administrator KordaMentha have told the court the joint bid partners have indicated they are waiting for an independent expertâs report before declaring their hand on any attempt to block the final transfer to Ten shares to US broadcaster CBS.
At a directions hearing this morning, Justice Ashley Black noted that interested parties may need time to respond to an expert report due to be filed with the Australian Securities & Investments Commission by Tenâs administrator KordaMentha on October 10.
They need to give it up. Morons.
Medusa X would be the right virus for Ten X.
Itâs Bruceâs nephew. Latest stunt to stall the sale.
I say keep the X but put CBS underneath.
I say donât be bloody ridiculous.
Fox is a creditor . is that meaning Foxtel or 20 Century Fox the American company?
Fox who supplies Tenâs content and is owed money, not Foxtel.
That artcile (in News Ltd papers of course) just sounds like the third party operations review & recommendations report they had done at the time. I dare say CBS would have their own opinions.
What games NEWS.ltd are playing. Trying to link CBS with job cuts and cuts to Australian content!! Wow how low will this mob go!
How bizarre for News to go after CBS for that, especially how the show itself dealt with the loss of the character.
As for that job-cuts plan, obviously it was formulated when Ten was a basketcase and drastic action was needed to save it. To suggest it will still be in play when CBS takes over is ridiculous.
News corp must be under direction from Lachlan to do a hatchet job on cbs whenever possible.
Proof positive that they werenât fit to win the bid.