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Article: Struggling PBL gets no help from Packer.

Article from:
Australasian Business Intelligence
Article date:
October 23, 2008
Copyright

Byline: Miriam Steffens

Oct 23, 2008 (The Sydney Morning Herald - ABIX via COMTEX) -- Consolidated Media Holdings (CMH) has indicated that it will not provide more funds for PBL Media. The private equity-owned media venture is struggling with its $A4.2 billion debt load. The share price of James Packer's CMH has suffered because of speculation that it will invest more money in the business. On 23 October 2008, CMH, which ...

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