Some have more dollars than sense, they say, so even companies that have no revenue, no profit, and a record of falling short, can easily find investors. But the reality is that when a company loses ...
Shareholders of regional pay television operator Austar have voted overwhelmingly to support a $2 billion takeover bid by Foxtel. The final tally showed 97.6 per cent of shareholders voted in favour ...
Regional pay TV operator Austar says it has reached an agreement with Foxtel and Liberty over their $2.5 billion takeover offer. Foxtel and Liberty are offering Austar shareholders $1.52 per share in ...
We're definitely into long term investing, but some companies are simply bad investments over any time frame. We really hate to see fellow investors lose their hard-earned money. For example, we ...
SHARES in Austar gained more than 4 per cent after Foxtel secured its $2.5 billion takeover of the regional pay TV broadcaster. The stock gained 5.5 cents, or 4.26 per cent, to $1.345 by 11.10am (AEST ...
THE American founder of of regional pay-TV company Austar, John Porter, has been a long-time lover of the Aussie Outback. As founder of regional pay-TV company Austar, Mr Porter has developed an ...
The nation's number two telco Optus yesterday raised concerns about Foxtel's multibillion-dollar bid to acquire fellow pay TV operator Austar, claiming that the merger would strengthen relative market ...
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The long-time chief information officer of Austar has flagged his departure from the company's Australian operations, with plans to take up a role in Europe with Austar's parent company Liberty Global ...
Austar investors not associated with US parent company Liberty Media -- which owns 55 per cent of the company -- have been asked to approve seven resolutions at next week's annual meeting in Sydney, ...
Minority shareholders in regional pay television group Austar United Communications can sit back and enjoy the ride as the new controlling shareholder, Castle Harlan Australian Mezzanine Partners, ...
Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Foxtel, Australia’s leading pay television operator, part-owned by Rupert Murdoch’s News Corp, can proceed with ...