looks like eyecorp sale is back on the table and will go through!!! this will make the SP look healthy again!
see announcement below
23 October 2012
TEN confirms offer for Eye Corp
Ten Network Holdings Limited (ASX:TEN, “TEN”) refers to the article in today’s Australian Financial
Review entitled “Ten receives $110m offer for EyeCorp” and confirms that it has received an offer of
approximately this amount from Outdoor Media Operations Pty Limited (“OMO”), a company controlled
by CHAMP Private Equity.
The offer is subject to final negotiation of the revised terms of a share sale agreement between TEN and
OMO.
It is anticipated that the final sale price will be subject to the outcome of these further negotiations.
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