Seven Network (ASX:SEV) Gained Support for WesTrac Merger Plan

  Sydney, Australia, April 12, 2010 - (ABN Newswire) - Two of Seven Network Ltd's (ASX:SEV) largest independent shareholders have agreed to support the merger of the television network and industrial equipment company WesTrac Holdings after extracting better terms for the deal. Seven Network's key institutional shareholders Ausbil Dexia and Perennial Value represent around 28.1% of shares outside those held by ACE, Kerry Stokes' private vehicle.  

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