CBS

Wednesday, August 12

Court clears way for CBS takeover of Ten

US media giant CBS’s $41 million takeover of the Ten Network is set to proceed, with a court approving the transfer of all shares in the local network to the American company.

Blow for Murdoch as Ten creditors vote for CBS bid

UPDATED | Ten Network creditors have voted to accept CBS’s bid for the embattled broadcaster, rejecting a rival proposal from Bruce Gordon and Lachlan Murdoch.

CBS vote looms after Gordon loses Ten case

Bruce Gordon has failed in his attempt to derail CBS’s takeover of the Ten Network after the NSW Supreme Court ruled the embattled broadcaster’s administrator gave creditors sufficient information about his rival bid.

SA will become "Soviet state" if Xenophon media deal goes through: Labor

Nick Xenophon says he’s seen “no suggestion” a proposed takeover bid of Network Ten by media magnates Lachlan Murdoch and Bruce Gordon would see its South Australian newsroom shut down, as Labor today claimed Adelaide would become a “one media voice town” if the SA senator gets his way.

Mogul's challenge delays CBS's Ten takeover meeting

A last-minute legal challenge by media mogul Bruce Gordon over rival US media giant CBS’s attempt to take control of the embattled Network Ten has bought him an extra week before the next creditors meeting.

Class action threatened over CBS bid for Ten

Disgruntled Ten shareholders are considering a class action against the troubled network as they face receiving no compensation for their stock under the takeover proposed by US media giant CBS.

High Noon for News Corp as CBS rides into town

Look who just rode in to take Network Ten from under the expectant noses of Lachlan Murdoch and Bruce Gordon.

News
US media giant to buy Ten, launch streaming service

David Washington Monday, August 28 6

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