Wilson Asset Management chairman Geoff Wilson has launched a last ditch attempt to complicate Nine Entertainment Co’s takeover of Macquarie Media, claiming the TV network omitted key financial details from its $114 million offer for the radio group.
In a letter sent to Nine chief executive Hugh Marks on Wednesday morning, Mr Wilson claimed Nine had omitted information relating to cost savings it expects to achieve from the takeover of Macquarie, which owns 2GB in Sydney and 3AW in Melbourne.