Austar United

ACCC Stalls Foxtel's Bid for Austar


The Australian Competition and Consumer Commission has set a hurdle on the News Corp (ASX:NWS)-backed Foxtel takeover bid on Austar United Communications (ASX:AUN). The regulator said that Foxtel's proposed $2.5 billion bid would create a near-monopoly and delayed its decision until September.

Austar Shares Jump 7% After Takeover Talks


After confirming that talks between major shareholders Foxtel and Liberty Global would proceed, Austar United Communications' (ASX:AUN) shares rose more than 7 percent. The talks can lead to a takeover from Foxtel, but no formal bids have been guaranteed.

Shares rose to $1.315, adding as much as 9 cents or 7.4 percent. Shares in Austar are valued at around $1.63 billion.

Austar Slows Down on Merger Talks


Austar United Communications (ASX:AUN) chief executive John Porter puts his foot down and wants the Foxtel-Austar protracted merger talks to end if Foxtel does not follow through. Austar wants to move on and recoup its weak first quarter.

The Argument for Investment - Turning $1000 investment into $131,666 in Three Years


I like trading, because I can make a decent living out of it. But although money can come easy through trading after some hard work learning how to trade and planning and executing your trading plans you hear the odd story of how investment is way better than trading actively. There was a stock that in the last three years that would have allowed you to grow an initial $1000 investment into $131,666 or alternatively if you picked the "other stock" you would have earned $107,432 in three years by simply sitting on your hands. No trading plans, no time going in and out of trades as well as analysing them. the two stocks? Uranium explorer Paladin and Fortescue Metals. Rise in price had been fuelled by sheer growth as neither pays dividends.

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