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Media - Rural - 2008

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APN: To sell or not to sell

06/11/2008
Irish press baron Tony O'Reilly is putting up for sale its 39 per cent share in APN News and Media. Now APN of course owns a lot of radio stations and a very large chunk of Australia's regional press. O'Reilly's decision to sell his APN stake is being talked about in financial circles as the likely beginning of a significant realignment in the ownership of Australian media. Our regular commentator on matters financial is Glenn Dyer.