A1N 1.63% 60.5¢ arn media limited

Ann: ARN Media acquires equity interest in Southern Cross Media, page-26

  1. 946 Posts.
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    A1N's bidders list not looking too healthy right now. Seems support may be drying up.

    I would like to hope that this acquisition wasn't driven solely by one large holders personal interests, but reading comments here does make one pause for thought. It's hard to think of any other reason ARN paid such a ridiculous premium for something other than a controlling stake.
 
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