And the winner is…

DMG adds a second station to its Sydney holdings for $106 million.

First bid $50 million dollars from Paul Thompson.

55m

56m

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62m with Paul Thompson

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70m with Paul Thompson

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90m with Paul Thompson

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96m – “Why don’t you make it a hundred?” says auctioneer

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104m Thompson looking tense, against him

105m

106m to Thompson

Sold to DMG for 106 million.

Applause. Press gathered around Thompson.