Gina Rinehart financed most of Bruce McWilliam’s stake in Seven

Australia's richest person Gina Rinehart financed most of Bruce McWilliam's nearly 10 percent stake in Southern Cross Media, which owns Network Seven and Triple M, according to an ASX disclosure filed Wednesday. Rinehart, a mining magnate with previous interests in Network 10 and Fairfax Media, has emerged as a key player in Australia's biggest media company.

Summary by Glance · SMH