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CBS raises bid for Australia's Ten Network - CBS spokesman
September 18, 2017 / 10:21 PM / 2 months ago

CBS raises bid for Australia's Ten Network - CBS spokesman

SYDNEY, Sept 19 (Reuters) - CBS Corp has raised its bid for Australia’s Ten Network Holdings Ltd, a spokesman for the U.S. broadcaster said on Tuesday.

“Yes, we have increased our bid,” the CBS spokesman said in an email after the Australian Financial Review reported that the U.S. giant had offered a higher price for the bankrupt television broadcaster ahead of a meeting of creditors on Tuesday.

Reporting by Tom Westbrook

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