SCA chair slams former shareholder for ‘extreme and violent’ merger comments
Heith Mackay-Cruise has hit out against Allan Gray's MD for his comments on the proposed SCA/Seven merger
The chair of Southern Cross Austereo has slammed Allan Gray managing director Simon Mawhinney for his call that the SCA board be “lined up and shot”.
Mawhinney made the comments after Wednesday’s announcement that SCA and Seven West Media intend to merge, and that SCA shareholders would not be given a vote regarding the proposal.
While clearly used in context as a well-trodden metaphor, the comments were derided by SCA as “violent” and “extreme”.
