Australian-Media.com.au News

• PBL bid for NBN

  April 23 2007 9:47pm (UTC+8)  -  Article by Slj

  SP Telemedia, the owners of television station NBN, has received a non-binding proposal for its media assets from PBL Media. SP say they have entered into a period of exclusivity with PBL Media to conduct due diligence. Both parties will work to negotiate mutually acceptable documentation.
  
  The station and its outside broadcasting operations are reportedly worth up to $200m. Shareholders will be advised of developments as they progress.
  
  Australian-Media.com.au