Sale makes Beyond a hot property
Neil Shoebridge
After repelling three takeover bids over the past year, television program production company Beyond International now has a new challenge: one of its key rivals has unexpectedly emerged as its largest shareholder.
Yesterday, investment firm Mariner Financial sold its 19.99 per cent stake in Beyond - the maker of programs such as Mythbusters and Hot Property - to FremantleMedia for an estimated $8.3 million.
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