DESTRA-MARINER TAKEOVER TUSSLE FOR BEYOND TAKES YET ANOTHER TURN
January 3rd 2008 01:10
And on it goes. Australian digital media group Destra maintained yesterday that it was still in the market to make a solo bid for Beyond International, despite aborting a capital raising last month for a tilt at the TV and film production house.
And the company has confirmed it has held talks with Mariner Financial, its main rival in taking over Beyond, about the possibility of a joint bid.
"We're open to possibilities of a solo bid or a joint bid," Destra chief Dominic Carosa told the Australian newspaper (see MediaBlab archivesfor the ongoing saga surrounding this takeover bid.)
- From MediaBlab
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