All good points akg.
TLS seems to be playing their cards quite well,
I read somewhere that ACCC was not opposing the Austereo deal, just the formalities to go through. AUN SP is very close to the offer price, so it is probably in the bag.
In fact look what I just found on the company announcements site:
Media Release 5 April 2012
AUSTAR NOTES ACCC PROPOSED ANNOUNCEMENT DATE
AUSTAR United Communications Limited (ASX: AUN) (AUSTAR) notes the update to the
Australian Competition and Consumer Commission’s (ACCC) website that it proposes to
announce its decision on the proposed acquisition of AUSTAR by FOXTEL Management Pty
Limited (FOXTEL) on the 10th of April 2012.
tls capital management on 19 april, page-5
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$3.93 |
Change
0.020(0.51%) |
Mkt cap ! $45.40B | |||
| Open | High | Low | Value | Volume |
| $3.91 | $3.93 | $3.90 | $133.6M | 34.03M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 486481 | $3.92 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.93 | 76101 | 8 |
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