CBD Melbourne: Liddell, a smoking gun and cigargate

  • Wheatley’s bid has a few holes and hasn’t been given much encouragement from the AAP board, which is controlled by News Corp and Nine Entertainment Co (publisher of this masthead), according to sources familiar with negotiations.
  • The value of the newswire, which doesn’t make money in its current form, is certainly up for debate.
  • CBD reported on Monday that Bain Capital’s rock-star adviser on its Virgin Australia bid, Jayne Hrdlicka , is working for free.

Read full article: theage.com.au