MARKET TALK: Bruce Gordon Snaps Up More Ten Shares 25/07/06...

MARKET TALK: Bruce Gordon Snaps Up More Ten Shares 25/07/06 11:26:00

1126 [Dow Jones] Billionaire and regional TV owner Bruce Gordon increases
stake in Ten (TEN.AU) to 12.22% from 11.21% through Birketu investment vehicle.
Gordon lifted stake from 10.12% last month. Looks like more positioning ahead of
upcoming changes to media ownership laws, some speculation Gordon could have a
tilt at company, although Gordon and his company Win TV have constantly denied
interest. Ten (TEN.AU) among list of names thrown around as possible candidates
for consolidation when laws change some time next year, although CanWest still a
large shareholder. Shares flat at A$2.90. (LMF)

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(END) Dow Jones Newswires
25-07-06 0126GMT
Copyright (c) 2006 Dow Jones & Company, Inc.(AP-DJ-07-25-06 0126GMT)