Tag: CMJ
Cons Media Bid From Lachlan Murdoch Dead
The buzz will exit the sluggish media sector now that the bid for Consolidated Media Holdings is off.
Read MoreConsolidated Media Takeover Deal Falls Through
Takeover target Consolidated Media Holdings will not be bought out after the takeover deal could not be resurrected despite much negotiation.
Read MorePacker, Murdoch Unite For CMH Bid
Lachlan Murdoch, son of News Corp Chairman Rupert Murdoch, is teaming with James Packer to offer more than $3.3 billion to buy out Consolidated Media Ltd, the media rump of the old PBL spun-off late last year.
Read MorePBL Split Approved
James Packer's Publishing and Broadcasting (PBL) rose today after the company announced that the federal court had voted in favour of the PBL Scheme and Demerger Scheme.
Read MorePBL’s Split
There's an easy explanation for the split in the Packer Empire, announced yesterday. While the overall market is up around 11 to 12 per cent since January 1, shares in PBL, the key company in the Empire, had only risen 3 to 4 per cent, much to the frustration and annoyance of James Packer and his board.
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