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News: TEN Creditors of Australia's Ten Network vote in favour of CBS bid

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    19/09/17
    12:20
    Post #: 27313875

    SYDNEY, Sept 19 (Reuters) - Creditors of Australian broadcaster Ten Network Holdings Ltd (TEN) voted in favour of a takeover bid from CBS Corp CBS.N on Tuesday, a spokesman for Ten's administrator said.

    CBS won support from creditors both in value terms and by number, said Michael Smith, a spokesman for administrators KordaMentha.

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