Singo ready to move on from Macquarie Media | radioinfo

Singo ready to move on from Macquarie Media

Monday 04 March, 2019

John Singleton has told The Australian that selling his shares in Macquarie Media is inevitable.
 
According to The Australian, any offer from the Nine Network will be delayed until and if Alan Jones signs a new contract to take him past June 30.
 
Singo’s current 32.4 per cent stake in Macquarie Media is worth just under $100 million on the current share price, and he has told The Australian that he is not good at being a minority shareholder and would “…would rather have things myself.”
 
He says discussions with Nine CEO, Hugh Marks, are ongoing.

 
 
 

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