SYDNEY, Oct 26 (Reuters) - Australian broadcaster Ten Network Holdings Ltd TEN.AX said it would raise A$154 million ($111 million) by selling shares to the Australian pay TV unit of News Corp NWSA.O and existing shareholders as it racked up another hefty loss.
Ten, which posted a net loss of A$312.2 million for the year to Aug. 31, said it would raise A$77 million each from News Corp's Foxtel and from existing shareholders by offering shares at A$0.15 each, compared to its last traded price of A$0.19. ($1 = 1.3860 Australian dollars)