CompaniesMedia & MarketingMergers & acquisitionsPrint articleARN ups its offer in ‘frustrating’ Southern Cross Austereo takeoverSam Buckingham-JonesMedia and marketing reporterMar 15, 2024 – 2.11pmSaveLog in or Subscribe to save articleShareCopy linkCopiedEmailLinkedInTwitterFacebookCopy linkCopiedShare via...Gift this articleSubscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? LoginARN Media, the owner of the Pure Gold network and Kyle and Jackie O Show’s KIIS FM, has bumped up its offer to take control of Southern Cross Austereo – and said it will dump its rival’s chairman if it can.After a five-month stalemate between the two media companies, kicked off in October when ARN teamed up with private equity firm Anchorage Capital Partners, ARN has agreed to increase the scrip portion of its offer.Loading...Sam Buckingham-Jones is the media and marketing reporter at The Australian Financial Review. Connect with Sam on Twitter.SaveLog in or Subscribe to save articleShareCopy linkCopiedEmailLinkedInTwitterFacebookCopy linkCopiedShare via...Gift this articleSubscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? LoginLicense articleIntroducing your NewsfeedFollow the topics, people and companies that matter to you.Find out moreRead MoreMergers & acquisitionsHt&E LimitedSouthern Cross MediaAFR WeekendMedia & marketingLatest In Media & marketingFetching latest articlesMost Viewed In Companies
