A $4.3m bill for the stalled SCA takeover but ARN Media isn’t giving up the chase
Welcome to end-of-week analysis from Unmade. Today: We dig into ARN Media’s market update. The hunt for SCA is still on.
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SCA takeover (and monetising banana bread recipes) still on the menu for ARN Media
Considering it was only a half yearly update, ARN Media’s results drew a lot of interest yesterday. The investment market wanted to find out what the company’s leadership is thinking about its hunt for Southern Cross Austereo. What became clear is that it’s not over yet. CEO Ciaran Davis and chairman Hamish McLennan are not giving up Here are nine takeouts: