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
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JS has confirmed that MRN is interested in FXJ radio assets and...
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