CBS Corp agrees to buy Australia's struggling Ten Network

CBS Corp agrees to buy Australia's struggling Ten Network

FILE PHOTO - A news crew's microphone from Network 10, Australia's third-largest free-to-air television network, is pictured in a hotel ballroom after administrators held the first meeting for creditors of the media company in Sydney, Australia, June 26, 2017. REUTERS/Jason Reed

CBS Corp, owner of the most-watched United States television network, agreed to buy Australian free-to-air broadcaster Ten Network Holdings Ltd, the broadcaster’s administrators said on Monday.

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