ARM Media has launched a $217 million takeover of Southern Cross Austereo. Sky News Business Editor Ross Greenwood claims this could be “one of the great media raids of all time”. ARM is the home of KISSFM, Kyle and Jackie O and iHeartRADIO. Southern Cross owns the Triple M and Hit networks around Australia.
Sky News Business Editor Ross Greenwood claims this could be “one of the great media raids of all time”.Southern Cross owns the Triple M and Hit networks around Australia. ARM has joined with private equity company Anchorage Capital which earlier this year took over David Jones.
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