ARN Media Limited and Anchorage Capital Partners Pty Limited have today made a non-binding indicative offer to acquire 100% of the fully diluted share capital of Southern Cross Media.Under the Indicative Proposal, SCA shareholders would receive 0.753 ARN shares and 29.6 cents cash per SCA share. Based on the last closing price of ARN shares… Read More
The post ARN media proposal to acquire SCA by Sarah Patterson appeared first on Radio Today.
This story first appeared on Radio Today