Ann: SALE AND RECAPITALISATION OF TEN, page-41

no financial details have emerged so lets just see what is on the table.

4 bidders including murdoch and co. I anticipate they want to see their 60% shareholding to be worth something given it costs them 100's of millions to obtain it. a shared $30 million wouldnt cut it me thinks after the amount they have pumped in in order to obtain it.

maybe they have an offer not worth trumping which includes getting their existing money back.