Sydney, Australia (AFP) — American broadcaster CBS has secured a deal to buy Australia’s third-largest television network, Ten, the embattled station’s administrators said Monday. The Ten Network was placed in voluntary administration in June after two billionaire backers refused to continue guaranteeing a key loan of Aus$200 million (US$159 million). CBS — one of Ten’s key content providers — will fund the purchase by refinancing existing secured debt arrangements in full, the administrators said in […]