Business
Is Nine Entertainment (ASX:NEC) eyeing up regional broadcaster WIN?
The Nine Entertainment Co Holdings Ltd (ASX: NEC) share price was relatively unmoved today after speculation emerged the company may purchase the WIN Corporation.
After edging slightly higher throughout the day, the Nine share price closed flat at $3.00 per share. In contrast, the S&P/ASX 200 Index finished the day down 0.84%.
Let’s take a closer look.
Nine wants a WIN
The Australian is reporting Nine Entertainment is in talks with WIN chair Bruce Gordon about absorbing his business into Australia’s largest publicly listed media company. WIN Corporation owns the WIN regional television network, Crawford publications, and several local…
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