SXL 0.99% 50.0¢ southern cross media group limited

News: SXL Southern Cross Media Decided Not To Pursue Australian Community Media's Proposal

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    June 27 (Reuters) - Southern Cross Media Group Ltd (SXL) :

    • DECIDED NOT TO PURSUE AUSTRALIAN COMMUNITY MEDIA'S PROPOSAL FROM 28 MAY
    • CONCLUDED RELEVANT ASSETS DO NOT ALIGN WITH CO'S AUDIO-FOCUSED STRATEGY AND WOULD NOT CREATE VALUE FOR CO'S SHAREHOLDERS

    (([email protected];))

 
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