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 KordaMentha 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.