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Sydney pub baron Arthur Laundy buys Nine Radio
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The West Australian
Sydney pub baron Arthur Laundy has shelled out $56m for Nine’s talkback radio stations.
The deal transfers ownership of 2GB, 3AW, 4BC and 6PR to the Laundy family, and makes up only part of a major restructure of Nine Entertainment’s holdings.
The Laundy family own more than 90 venues across NSW, and the sale is expected to be finalised by June 30.
Camera Icon Arthur Laundy with his four kids, L-R Craig, Justine, Arthur, Danielle, Stuart.
Credit: News Corp Australia, by Laundy family.