Australian publisher rejects INM bid

An Independent News & Media (INM) takeover bid for Australian publisher APN and valued at €1.8bn has been rejected by the company's shareholders.

Australian publisher rejects INM bid
Fri, 25 May, 2007 - 11:24

An Independent News & Media (INM) takeover bid for Australian publisher APN and valued at €1.8bn has been rejected by the company's shareholders.

APN publishes more than 120 newspapers in Australia and New Zealand and is the regions third largest media group.

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