Ten’s new chief buys $1 million in company shares

The Ten Network’s new chief executive, Hamish McLennan, yesterday spent $1 million buying a stake in the company, according to a report in The Australian.

“As I indicated in the statement to market on Friday regarding my appointment, I believe Ten is a great business,” he told the newspaper.

“As a sign of my enthusiasm for Ten, I have personally invested in the company.”

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