TEN ten network holdings limited

News: TEN Kordamentha Restructuring updates on sale of Ten Network to CBS Corp

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    Aug 28 (Reuters) - Kordamentha Restructuring

    • Sale and recapitalisation of TEN
    • Administrators, receivers and managers entered into binding transaction documents with wholly owned entities of Cbs Corp
    • Deal contemplates acquisition of Ten by CBS, which will be effected by way of a refinance of existing debt arrangements
 
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