Here's another article on a possible cornerstone investor. I don't think JS, MK and MRN investors will be bale to fund this purchase themselves. I alway's suspected there would be a tie up with another deep pocked investor....I was thinking Packer, Murdoch but it appears Rinehart is a likely partner.
http://www.theaustralian.com.au/business/media/rinehart-circles-fairfax-radio-in-sydney-and-melbourne/story-e6frg99o-1226073962960