Surprise buy offers pause plans to close Aussie newswire | The Malaysian Insight

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Surprise buy offers pause plans to close Aussie newswire | The Malaysian Insight
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Surprise buy offers pause plans to close Aussie newswire

Founded in 1935, Australian Associated Press has become a central source of Aussie news for major outlets in the country and overseas. – EPA pic, March 19, 2020.

PLANS to close Australia’s only national newswire are on hold after its management was blindsided by offers to buy the company. Australian Associated Press last month announced that it would close, but in an email to staff today, the management told employees that the plans have been paused while they consider offers to buy the news provider from several suitors.

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