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Last A$1.14 AUD
Change Today 0.00 / 0.00%
Volume 0.0
As of 2:10 AM 08/25/15 All times are local (Market data is delayed by at least 15 minutes).

macquarie radio network ltd (MRN) Snapshot

Open
A$1.05
Previous Close
A$1.14
Day High
A$1.14
Day Low
A$1.05
52 Week High
12/19/14 - A$1.37
52 Week Low
02/5/15 - A$0.90
Market Cap
194.9M
Average Volume 10 Days
10.6K
EPS TTM
A$0.04
Shares Outstanding
171.0M
EX-Date
08/28/14
P/E TM
28.4x
Dividend
A$0.07
Dividend Yield
6.27%
Current Stock Chart for MACQUARIE RADIO NETWORK LTD (MRN)

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macquarie radio network ltd (MRN) Details

Macquarie Radio Network Limited engages in the radio and associated media activities in Australia. The company operates 2UE and 2CH radio stations in Sydney; 3AW and Magic 1278 radio stations in Melbourne; 4BC and Magic 882 radio stations in Brisbane; and 6PR radio station in Perth. It also owns a public relations agency, programming content syndicating business, and music distribution business; and produces digital and online media through its Websites. The company is headquartered in Pyrmont, Australia.

macquarie radio network ltd (MRN) Top Compensated Officers

Managing Director and Chief Operating Officer
Total Annual Compensation: A$475.2K
Executive Chairman, Member of Audit Committee...
Total Annual Compensation: A$250.0K
Chief Financial Officer and Company Secretary
Total Annual Compensation: A$48.8K
Compensation as of Fiscal Year 2015.

macquarie radio network ltd (MRN) Key Developments

Fairfax And Macquarie Merger Talks Fall Apart

The merger talks between Fairfax Radio Network Pty Limited and Macquarie Radio Network Limited (ASX:MRN) have collapsed after it became clear that Macquarie presenters Alan Jones and Ray Hadley were not prepared to be a part of the deal. It is understood Fairfax had hired investment bank Macquarie to work on the joint venture idea and that both sides saw a strong commercial logic to a potential deal. Fairfax walked away from the talks after Macquarie could not provide adequate funding for the proposed transaction.

UBS And Macquarie To Handle Fairfax And Macquarie Deal

UBS and Macquarie Group are in the running to handle a possible merger between Fairfax Radio Network Pty Limited and Macquarie Radio Network Limited (ASX:MRN). Sources say UBS could be appointed to advise Macquarie Radio, while Fairfax may tap Macquarie Group to handle the potential deal, exclusively revealed in last week's Media.

 

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