Published: August 11, 2019
Chief executive talks up offer to buy remaining shares of radio network in email to staff
Nine’s chief executive says he won’t change the “bold” 2GB lineup of talkback titans including Alan Jones and Ray Hadley if his company’s $113.94m offer to acquire the remaining shares in Macquarie Media is accepted.
The deal, coming months after Nine Entertainment merged with Fairfax, will cement Nine’s position as the biggest locally owned media company in Australia and challenges Rupert Murdoch’s media empire for influence, with news outlets across television, digital, publishing and radio.
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