Hollywood Reporter – Lachlan Murdoch, Partner Make Bid for Australia’s Ten Network, Challenging CBS

21st Century Fox readies a counter-punch after being taken by surprise by the bid from CBS.

September 15, 2017

The administrator of Australia’s Ten Network said Friday that media moguls Lachlan Murdoch and Bruce Gordon have made a fresh bid for the embattled broadcaster.

A spokesperson for administrator┬áKordaMentha confirmed receipt of a revised “deed of company agreement” (DOCA) proposal on Friday afternoon as the duo attempts to beat the current recommended offer by U.S. giant CBS Corp.

Read the Full Story