Posted Jul 25, 2007, 9:08 AM
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Vires acquirit eundo
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Join Date: Mar 2002
Location: Melbourne
Posts: 3,231
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heh, Jimmy Packer's been busy.
FYI the Packer family is Australia's richest and were controlling parties in PBL - Publishing and Broadcasting Limited which owned assets like the Nine Network (our CBS/ABC/NBC etc), multiple magazine titles and Crown Casino in Melbourne. James PAcker was always more interested in the gaming assets so he flogged off the Nine Network & other media assets to a private equity consortium which is based in Sydney after he took control when his dad died and kept the gaming businesses (primarily Crown & Burswood Casino in Perth) for himself which is based in Melbourne.
anyhow, enough back story.
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