MRN macquarie media limited
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john singleton confirms fxj bid

  1. oystercatcher
    207 Posts.
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    20/05/11
    20:06
    Post #: 8431554


    JS has confirmed that MRN is interested in FXJ radio assets and will participate in the sale process.
    The addition of these assets will make MRN a major media entity in Australia and will be highly sought after by institutional investors in my opinion.

    refer attached news articles.

    http://www.theaustralian.com.au/business/city-beat/mrn-seeks-look-at-fairfax-radios-books/story-fn4xq4cj-1226059526568

    http://www.smh.com.au/business/macquarie-radio-sizing-up-fairfax-broadcasters-20110520-1evo8.html
    MRN Price at posting: $1.15 Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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