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ARN Media launches bid to acquire rival Southern Cross Media - Vimarsana News

ARN Media launches bid to acquire rival Southern Cross Media

ARN Media Limited (ARN) and Anchorage Capital Partners Pty Limited (ACP) have today made a non-binding indicative offer to acquire 100% of the fully diluted share capital of Southern Cross Media Group Limited (SCA) through a scheme of arrangement (the “Proposed Transaction”). A copy of the Con