Southern Cross Austereo (SCA) announced on Wednesday that it has knocked back ARN Media’s revised takeover bid. Under a new proposal, ARN would acquire the same radio assets as before, plus ...

Anchorage Capital has pulled out of the takeover bid for Southern Cross Austereo, which would have seen ARN and the investment group acquire 100% of the media company. According to an ASX update ...

Commercial radio group ARN Media, the FM home of The Kyle & Jackie O Show, has made a last-ditch attempt to revive its attempt to buy assets from its rival Southern Cross Austereo after its first ...

ARN has reemerged with a fresh proposal for SCA now that Anchorage Capital Partners have pulled out of their previous consortium bid. They’re now after SCA’s Triple M stations and digital assets, ...

The Australian Financial Review (subscription required) has reported that Anchorage Capital Partners has pulled out of their joint acquisition attempt with the Australian Radio Network (ARN) to ...