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CBS won because Network Ten employees didn't want Lachlan Murdoch to come back

The most humiliating news for former Network Ten executive chairman, Lachlan Murdoch, was that his former employees at the broadcaster didn't want him back.
Sydney Morning Herald Also reported by •The Age

CBS Corp. Wins Ten Net. Bid, Beats Murdoch

Australia's Ten Network shareholders voted Monday to accept a bid from CBS Corp. The "overwhelming" vote in favor of the bid was a loss for Lachlan Murdoch and Bruce Gordon, who had lost a court..
TVNewsCheck

Videos for "Lachlan Murdoch"

News video: CBS set to take-over Australia's Ten Network

CBS set to take-over Australia's Ten Network 01:19

Creditors of Australia's embattled Ten Network Holdings Ltd have agree to a A$209.7 million ($167 million) buyout from CBS Corp. As Kate King reports, it effectively ends a battle for control between..
Source: Rumble -

News video: CBS set to take-over Australia's Ten Network

CBS set to take-over Australia's Ten Network 01:18

Creditors of Australia's embattled Ten Network Holdings Ltd have agree to a A$209.7 million ($167 million) buyout from CBS Corp. As Kate King reports, it effectively ends a battle for control..
Source: Business Video Online -

News video: Peter Rice Promoted to President of 21st Century Fox

Peter Rice Promoted to President of 21st Century Fox 00:32

21st Century Fox has promoted Peter Rice to president. He will keep his chairman and various CEO titles for other parts of the company. 21st Century Fox Executive Chairman Lachlan Murdoch and CEO James..
Source: Wochit Headline News -

News video: CBS Agrees to Buy Ten Network, Beats Out Murdoch Bid

CBS Agrees to Buy Ten Network, Beats Out Murdoch Bid 01:52

Aug.27 -- CBS agreed to buy Ten Network, saving the Australian television broadcaster from collapse and squeezing out a potential bid by News Corp. Co-Chairman Lachlan Murdoch. Bloomberg's James..
Source: Bloomberg Global Business -

 

Ten Network creditors accept CBS takeover bid

ten network creditors accept cbs takeover bid
The US network beats a rival offer from Lachlan Murdoch to buy the struggling broadcaster.
BBC News

Creditors back CBS's bid for Australia's Ten Network

SYDNEY (Reuters) - Creditors of Australia's embattled Ten Network Holdings Ltd on Tuesday agreed to a A$209.7 million ($167 million) buyout from CBS Corp, effectively ending a battle for control..
Reuters India Also reported by •Reuters

Ten creditors vote in favour of CBS bid

Ten Network creditors have voted to accept CBS's bid for the embattled broadcaster, rejecting a rival proposal from Bruce Gordon and Lachlan Murdoch.
Sydney Morning Herald Also reported by •The Age

Costs keep adding up for Bruce Gordon and Lachlan Murdoch's Ten bid

The costs are adding up for the billionaires who pulled the pin on Network Ten, so let's hope they've got a better idea of how to run the broadcaster if their new bid succeeds.
Sydney Morning Herald Also reported by •The Age

What's on offer? Comparing the Ten bidders

The battle for the Ten Network continues with local media moguls Lachlan Murdoch and Bruce Gordon launching a new offer to counter US giant CBS's bid.
SBS

Murdoch, Gordon in new bid for Ten

The battle for the Ten Network continues with local media moguls Lachlan Murdoch and Bruce Gordon launching a new offer to counter US giant CBS's bid.
SBS

Lachlan Murdoch, Bruce Gordon lodge new bid for Network Ten

Lachlan Murdoch and Bruce Gordon have lodged a fresh bid for Network Ten, increasing their offer for creditors of the troubled broadcaster pool from $35 million to $55 million.
Sydney Morning Herald Also reported by •The Age

No one would have been praying for media ownership law changes more than Lachlan Murdoch

For Lachlan Murdoch, it is Network Ten or bust.
Sydney Morning Herald Also reported by •The Age

Murdoch-Gordon bid for Ten higher, but late and complicated, KordaMentha report reveals

Lachlan Murdoch and Bruce Gordon's bid for Network Ten was $3 million higher than CBS', but was too complex and would have seen secondary creditors getting just 2 cents in the dollar, report reveals.
Sydney Morning Herald Also reported by •The Age

'Disappointed underbidders' Lachlan Murdoch and Bruce Gordon should not be able to stall Ten deal, court hears

A "disappointed underbidder" for the failed Ten Network should not be allowed to delay a creditors meeting as part of a push to thwart its purchase by America's CBS, the Supreme Court has been told.
Sydney Morning Herald Also reported by •The Age

CBS loans Ten $143 million to pay debts, creditors yet to approve sale

CBS repaid $142.7 million of Ten's debts on Friday, including bank loans and fees owed to shareholder guarantors Lachlan Murdoch, Bruce Gordon and James Packer.
Sydney Morning Herald Also reported by •The Age

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