BRIEF-APN News & Media says to acquire Australian Radio Network Pty Ltd and The Radio Network Ltd for $246.5 mln

Feb 19 (Reuters) - APN News & Media Ltd APN.AX :

* Radio acquisition APN.AX

* Will acquire full ownership of Australian Radio Network Pty Ltd and The Radio

Network Ltd for $246.5 million

* "Acquisition is expected to considerably rebalance the earnings profile of APN post-acquisition"

* Source text for Eikon News Search ID:nASX6kTZjM

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