Southern Cross Austereo chairman Peter Bush has downplayed $2.2 billion takeover talks with Nine Entertainment Co, saying the free-to-air network is likely to be focused on new chief Hugh Marks' arrival after the quick exit of David Gyngell.
If he didn't know already, Mr Marks is learning there's rarely a dull moment at the $1.2 billion media company.
Jemima Whyte writes on business, specialising in companies, capital markets and innovation. Jemima has reported on business for The Australian Financial Review for more than 13 years. Email Jemima at jemima.whyte@afr.com
Max Mason covers insolvency, courts, regulation, financial crime, cybercrime and corporate wrongdoing. A Walkley Award winner, Max's journalism has also received awards from the National Press Club of Australia, the Kennedy Awards and Citibank. Message Max on Signal https://tinyurl.com/MaxMason Connect with Max on Twitter. Email Max at max.mason@afr.com
