Billionaire Network Ten backer Bruce Gordon and the Murdoch family’s 21st Century Fox have each made last-ditch pushes to thwart the purchase of the failed network by America’s CBS.
Lawyers for Mr Gordon are arguing that administrators should have considered selling the business to Mr Gordon’s private company Birketu and Lachlan Murdoch’s Illyria Nominees Television which were shareholders in the group ahead of its collapse.
ASX winners and losers – a snapshot
- Video duration
- 00:43
…
Read the full article at: http://www.smh.com.au/business/media-and-marketing/gordon-murdoch-in-legal-challenge-to-ten-takeover-20170906-gyc6zb.html
