Murdoch owns 7.7% and won't put anymore money into this as stated plus no one wants to buy Packers 7.7% , CBA have even lined up a receiver. Its a miracle if it survives imo.
"UBS is understood to be working for Mr Packer, who had shopped around his 7.7 per cent stake in Ten, with few interested buyers."
Billionaires walk from backing loan, page-7
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