ARN Media and Anchorage Capital’s $225m takeover faces regulatory hurdles
ARN Media (ASX:A1N) and its partner, private equity firm Anchorage Capital Partners, will have to navigate key regulators before finalising their $225 million non-binding takeover offer for rival radio broadcaster Southern Cross Media (SCA). ARN owns major radio stations, including KIIS FM, home to Kyle and Jackie O in Sydney, as well as the Pure […]
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