SXL 1.89% 54.0¢ southern cross media group limited

May 28 (Reuters) - Southern Cross Media Group Ltd (SXL) :...

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    May 28 (Reuters) - Southern Cross Media Group Ltd (SXL) :

    • PROPOSAL FROM AUSTRALIAN COMMUNITY MEDIA
    • HAS RECENTLY BEEN APPROACHED BY AUSTRALIAN COMMUNITY MEDIA
    • APPROACHED WITH A PROPOSAL FOR SCA TO ACQUIRE ASSETS OF ACM
    • SCA BOARD HAS DECIDED TO INVESTIGATE ACM'S REVISED PROPOSAL
    • RECOMMENDS SHAREHOLDERS TAKE NO ACTION IN RELATION TO ACM'S PROPOSAL
    • ACM'S PROPOSAL RELATES TO PORTFOLIO OF 14 OF ITS DAILY PRINT AND DIGITAL NEWS PUBLICATIONS, OTHERS

    (([email protected];))

 
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