How Much Is CBS Paying For Australia's Ten?

9/11/17

By Yoel Minkoff, SeekingAlpha

CBS is paying at least A$201.1M ($162M) in cash to buy Australia's Ten Network Holdings, according to documents released by the latter's administrator.

CBS, the most-watched television network in the U.S., agreed to buy Ten last month, but neither party disclosed a price tag at the time. The beleaguered broadcaster was placed in administration in June.

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