Reports say staff favour CBS, but if enough are shareholders there might be a chance that CBS will sweeten their vote with a 25pc return of equity which all shareholders benefit from. At last price I'm math-ing that at not far off what M&G have just upped their bid by....
Bruce Gordon, Lachlan Murdoch to lob new bid for Network Ten - AFR Sep 15 2017 at 11:46 AM, page-2
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