Gordon, Murdoch in legal challenge to Ten takeover|

 

 

Network Ten backer Bruce Gordon and the Murdoch family’s 21st Century Fox have made last-ditch pushes to thwart the purchase of the failed network by America’s CBS.

“Network Ten collapsed in June after Mr Gordon’s Birketu and Mr Murdoch’s Illyria said they would not extend their guarantee of $200 million of the media company’s debt. This followed the exit of James Packer as a backer for the financially troubled network.

Source: Gordon, Murdoch in legal challenge to Ten takeover