looks like eyecorp sale is back on the table and will go through!!! this will make the SP look healthy again!
see announcement below
23 October 2012 TEN confirms offer for Eye Corp Ten Network Holdings Limited (ASX:TEN, “TEN”) refers to the article in today’s Australian Financial Review entitled “Ten receives $110m offer for EyeCorp” and confirms that it has received an offer of approximately this amount from Outdoor Media Operations Pty Limited (“OMO”), a company controlled by CHAMP Private Equity. The offer is subject to final negotiation of the revised terms of a share sale agreement between TEN and OMO. It is anticipated that the final sale price will be subject to the outcome of these further negotiations.
TEN Price at posting:
25.3¢ Sentiment: LT Buy Disclosure: Held