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DESTRA EXPECTED TO COUNTER BID FOR BEYOND INTERNATIONAL TODAY

December 17th 2007 23:04

Australia’s digital media company Destra Corporation is expected today to counter bid for television producer and distributor Beyond International ahead of Mariner Financial’s takeover offer.
The Australian Financial Review says today that the move will end weeks of speculation over Destra’s intention.
Mariner last week lashed out at Destra and yesterday it questioned Destra’s ability to fund a higher cash offer.

- From MediaBlab



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