Ten in trading halt ahead of changes to board

Vehicles of Lachlan Murdoch, left, and James Packer lifted holdings in Ten Network recently. Source: The Daily Telegraph

Ten said the announcement would be made “later today”.

The trading halt will last until Friday morning, or when the announcement is made.

Ten announced on February 23 that it had terminated the contract of managing director Grant Blackley, who was replaced on an interim basis by board member Lachlan Murdoch.

Mr Murdoch was one of a number of additions to the Ten board following a series of share purchases involving James Packer's Consolidated Media, Mr Murdoch's Illyria, and Gina Rheinhardt's HPPL Group.

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