‘You’ll be feeling concerned’: What ARN’s SCA bid really means
After ARN Media announced a bombshell bid to take over rival radio competitor, Southern Cross Austereo this week, the industry is rife with questions about the finer details of the proposal and what it all means.
On Wednesday morning, alongside private equity firm, Anchorage Capital Partners, ARN made a non-binding indicative offer to acquire 100% of the fully diluted share capital of SCA.
