Reuters logo
Creditors of Australia's Ten Network vote in favor of CBS bid
September 19, 2017 / 2:28 AM / 3 months ago

Creditors of Australia's Ten Network vote in favor of CBS bid

SYDNEY (Reuters) - Creditors of Australian broadcaster Ten Network Holdings Ltd TEN.AX voted in favor of a takeover bid from CBS Corp (CBS.N) on Tuesday, a spokesman for Ten’s administrator said.

    CBS won support from creditors both in value terms and by number, said Michael Smith, a spokesman for administrators KordaMentha.

    Reporting by Byron Kaye; Editing by Stephen Coates

    0 : 0
    • narrow-browser-and-phone
    • medium-browser-and-portrait-tablet
    • landscape-tablet
    • medium-wide-browser
    • wide-browser-and-larger
    • medium-browser-and-landscape-tablet
    • medium-wide-browser-and-larger
    • above-phone
    • portrait-tablet-and-above
    • above-portrait-tablet
    • landscape-tablet-and-above
    • landscape-tablet-and-medium-wide-browser
    • portrait-tablet-and-below
    • landscape-tablet-and-below