April 30 (Reuters) - Nine Entertainment Co Holdings Ltd (NEC) :
- SIGNED AN AGREEMENT FOR SALE OF AUSTRALIAN COMMUNITY MEDIA AND PRINTING BUSINESS
- CASH PROCEEDS OF SALE ARE EXPECTED TO BE AROUND $115 MILLION
- ACM WILL BE ACQUIRED BY A CO CONTROLLED BY INTERESTS ASSOCIATED WITH ANTONY CATALANO AND THORNEY INVESTMENT GROUP
- IN ADDITION, NINE WILL RECEIVE UP TO $10 MILLION OF ADVERTISING ON ACM PROPERTIES OVER THREE YEARS FROM COMPLETION
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News: NEC Nine Entertainment Announces Sale Of Australian Community Media And Printing Business
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