SXL 3.94% 61.0¢ southern cross media group limited

Ann: Revised indicative proposal and Board renewal, page-2

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    0.87 ARN Newcoshares per fully diluted SCA share, together with the existing proposed 29.6 cents cash per share.

    That is the offer, with ARN currently valued at around 80c.

    I suppose the machinations of the past few months now make sense.
 
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