Original article by Max Mason
The Australian Financial Review – Page: 20 : 22-Nov-19
Prime Media Group chairman John Hartigan says the federal government is not acting quickly enough on reforms that will allow consolidation in the media sector. He has warned that Seven West Media’s takeover bid is crucial for the survival of both Prime and regional journalism. Australian Community Media’s executive chairman Antony Catalano has queried this claim, arguing that Prime should therefore have undertaken a formal sale process to allow other potential buyers to make an offer.
PRIME MEDIA GROUP LIMITED – ASX PRT, SEVEN WEST MEDIA LIMITED – ASX SWM, AUSTRALIAN COMMUNITY MEDIA