Announced
Financials
Tags
radio broadcasting
Minority
Acquisition
Australia
Public
Radio and TV Broadcasters
Pending
Single Bidder
Synopsis
Nine Entertainment, an Australian publicly listed media company, offered to take full control of Macquarie Media, an Australian media company, operating radio stations nationally, for $77m. “The acquisition of Macquarie Media consolidates Nine’s position as the leading provider of news and current affairs content across all of the key platforms – television, digital, print and now radio,” said Hugh Marks, CEO of Nine.
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