TEN 0.00% 16.0¢ ten network holdings limited

looks like eyecorp sale is back on the table and will go...

  1. 1,910 Posts.
    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.
 
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