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AUSTRALIA'S SEVEN NETWORK BUYS 10 PCT STAKE IN GRD LTD.

Publication: AsiaPulse News
Publication Date: 16-MAY-07
Format: Online
Delivery: Immediate Online Access

Article Excerpt
SYDNEY, May 16 Asia Pulse - Commercial television broadcaster Seven Network Ltd (ASX:SEV) has bought a more than ten per cent stake in engineering and development company, GRD Ltd (ASX:GRD).

Seven bought more than 20 million shares from former GRD executive chairman Brettney Fogarty for an undisclosed sum.

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