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Australia’s Ten plans equity boost from News Corp’s Foxtel as losses mount

SYDNEY, Oct 26 : Australian broadcaster Ten Network Holdings Ltd said it would raise A$154 million ($111 million) by selling shares to the Australian pay TV unit of News Corp and existing shareholders as it racked up another hefty loss. Ten, which posted a net loss of A$312.2 million for the year to Aug. 31, said […]

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