Does that mean Murdock cops 20+ million loss along with the mum...

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wints

215 Posts.

04/09/17

22:39

Post #: 26992230

Originally posted by ypbisx ↑

Under the proposed CBS bid shareholders will receive no compensation for their shares being taken over.
CBS will have to clear the Foreign Investment Review Board and face a court ruling to certify the transfer of shares from existing holders to CBS.
The administrators say in their report they expect a court will support the transfer of shares to CBS if it is approved by creditors, given Ten's financial position.

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Does that mean Murdock cops 20+ million loss along with the mum and dad investors? Don't understand how the SH money can given away in this exchange?

Column 1 Column 2 Column 3

0 Shareholders Equity 382,159,000 (81% of capital)

	Column 1	Column 2	Column 3
0	Shareholders Equity	382,159,000	(81% of capital)

TEN Price at posting: 16.0¢ Sentiment: None Disclosure: Not Held

1 Upvote

0 Great analysis

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Does that mean Murdock cops 20+ million loss along with the mum...

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