Street Talk understands the duo have baked in a pre-pack Australian Communications and Media Authority solution into their control bid.
ASX-listed ARN Media and buyout fund Anchorage Capital Partners are cutting no corners in their tilt for rival radio station owner Southern Cross Media.Street Talk understands the duo have baked in a pre-pack Australian Communications and Media Authority solution into their control bid, which is expected to launch this morninghas co-edited Street Talk since 2009, specialising in private equity, investment banking, M&A and equity capital markets stories.
The Gray Lady has posted strong results, buoyed by an unexpectedly resilient US digital ad market. Meanwhile, local media companies are bracing themselves.
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