SXL 1.35% 73.0¢ southern cross media group limited

So far, crickets from ARN after our shotgun rejection of the...

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    So far, crickets from ARN after our shotgun rejection of the 'Plan B' offer.

    I bet their financial & legal teams are working overtime to see if a Plan C can quickly be cobbled together. Bottom line - Will they find anyone willing to take over the TV 'liabilities'??

    Pretty amusing to watch actually. ARN seemed so confident and somewhat arrogant, that this deal was fait accompli. Now, embarrassingly they've been forced twice in one week to to walk away from Plan A and Plan B.

    The desperation is being turned up to Spinal Tap levels!
 
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