ARN makes all regional general manager roles redundant

ARN has made its entire layer of regional general managers redundant, as it looks to further integrate its operations following the acquisition of Grant Broadcasters earlier this year, it has confirmed to Mumbrella.

Grant Broadcasters, one of Australia’s oldest regional radio providers was purchased by ARN’s parent company HT&E at the start of the year in a deal worth $307.5 million on a cash and debt free basis, with 22.5% in HT&E shares, equating to 11% holding in HT&E.

The deal to purchase Grant Broadcasters was first announced last November