Daily News Archive

Search nearly 75,000 unique Daily News articles.

Daily News Subscription

4 Bidders For TVN Shares

Friday, 28th April 2006

As James Packer met ThoroughVisioN's shareholders late yesterday to explain his company PBL's offer of $25 million for a 25% stake in the race broadcaster, TVN chairman Harold Mitchell revealed to thoroughbrednews.co.nz "there are 3 other serious contenders for a shareholding". Mitchell confirmed 2 of them could be described as a "major Australian organisation" & "a very big Australian company with experience in the media"; in addition he noted "we are also looking carefully at proposals that have increased massively from Tabcorp. They are putting very good commercial propositions in front of us. After a bit of a battle, there are very exciting times ahead for the industry."

« Previous
Return to
28th April 2006 News
Next »