"Sources said the new bid will be a higher total return for unsecured creditors than the CBS bid, which had a return of 12.43¢ in the dollar" [obviously].
No other mention of value / structure of shareholding at this point.
Could be lodged today.
Hopefully CBS responds.
Bruce Gordon, Lachlan Murdoch to lob new bid for Network Ten - AFR Sep 15 2017 at 11:46 AM
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