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Article: AUSTRALIA'S PBL BIDS FOR SP TELEMEDIA ASSETS.
- Article from:
- AsiaPulse News
- Article date:
- April 23, 2007
CopyrightCOPYRIGHT 2007 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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PERTH, April 23 Asia Pulse - PBL Media (ASX:PBL) has put the disappointment of being outbid for Channel Nine Perth behind it and has made a tilt for the media assets of SP Telemedia, the company behind NBN Television.
SP Telemedia said today it had received a non-binding proposal from PBL Media, Publishing and Broadcasting Ltd's new media group to purchase the company's media assets.
These assets include include the Newcastle-based NBN Television and its Outside Broadcasting and Productions operations that trade as One80 Digital Post.
"The board of SP Telemedia Ltd (Soul) wishes to advise that it has received a non-binding proposal from PBL ...