Seven ups WAN stake

1points Posted 1011 days, 9 hours ago by Bronwen

KERRY Stokes' Seven Network has taken a 14.9 per cent stake in Perth's West Australian Newspapers Holdings worth about $342 million. The moves come as giant media companies battle for Australia's limited media assets and position themselves in time for the federal government's new media ownership laws.

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Source: http://www.news.com.au/perthnow/story/0,21598,20608125-951,0…

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