oOh!media earnings slump tests I Squared’s $900m takeover bet (Mediaweek)

By Tom Gosby. Revenue rose, but higher rents dragged earnings lower as oOh!media looks to a stronger third quarter. oOh!media has reported a sharp fall in first-half earnings as higher rents on new advertising contracts weighed on margins, complicating the picture ahead of its proposed near-$900 million takeover by I Squared Capital. […]