Prime Media chapter closes with Seven bid nod
Prime Media shareholders have voted to take the money after chair Cass O’Connor urged a weigh up of ‘certain cash return vs uncertain future returns’.
Prime Media Group
ASX closes up; Bega dives 10%
Australian shares rally to close up 0.3%, tracking gains in the oil price. Prime Media investors gives nod to $132m takeover, Bega Cheese warns on earnings and Centuria buys Heritage Lifecare for $291m.
TV shake-up: Seven banks on prime time again
With Seven Network winning its bid for long-time regional partner Prime Media, this is how it will affect TV viewers.
Seven gets all clear to buy $130m rival
Seven West Media has been given permission to complete the purchase of a broadcasting rival in a deal tipped to transform the Kerry Stokes-backed firm.
Analysts back Seven West’s Prime bid
Analysts at JPMorgan believe the Kerry Stokes-backed Seven West is in a better position with regional television operator Prime in its stable.
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