Seven Network

THE Federal Court is the last remaining obstacle to a $3 billion merger of Perth billionaire Kerry Stokes WesTrac heavy equipment business and the Seven Network, following overwhelming approval of Seven’s minority shareholders this week.

Seven Network Ltd has denied it was involved in heavy buying of WA Newspapers Holdings Ltd shares last week which resulted in a small spike in the publisher's share price.

The directors of WA Newspapers Holdings Ltd have highlighted Seven Network Ltd's riskier investment profile, as they have sought to repel the rival media company's boardroom moves.

Moves by the Seven Network Ltd to secure a strategic stake in West Australian Newspapers Holdings Ltd has prompted speculation as to whether the network is seeking a bargaining position in the current media shake-up, or if it marks the start of a calculat

Television broadcaster Seven Network Ltd is expected to report a slightly improved half year net profit before abnormals on Monday but program and acquisitions costs could hurt the bottom line, analys