Australian-Media.com.au News

• NBN offers due today

  April 30 2007 12:29pm (UTC+8)  -  Article by Slj

  SP Telemedia, the owners of television station NBN, have notified the ASX that they received a binding offer for their media assets from WIN Corporation late on Friday. The company had previously received an offer from PBL Media and entered into a period of due diligence with them.
  
  The value of both companies' offers have not been disclosed.
  
  SP Telemedia say they will review all offers for the media assets of the company received by 5pm today. The offer which is considered to be the best by the board will be promptly accepted and the offer placed before shareholders for approval if required.
  
  Australian-Media.com.au