Shares of oOh!media Limited (ASX: OML) were paused during the early hours of trading session today. Later, the company has quashed the media reports claiming the prospect of any management buyout.
OML confirmed that:
- Board & Management has not received any proposal regarding a management buyout.
- The company is not in discussions regarding a potential management buyout.
- oOh!media remains committed on achieving organic growth.
There is no investor left unperturbed with the ongoing trade conflicts between US-China and the devastating bushfire in Australia.
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