ARN Media’s Southern Cross bid inches closer
Southern Cross is carrying out its work to determine if a buyout proposal by ARN Media is in shareholders’ best interests.
Southern Cross Media
Cash bid to trump ARN offer for Southern Cross
An all-cash offer for Southern Cross, even at the same price as the one tabled by ARN Media, is proving the preferred option for some shareholders.
Spotlight on Catalano in Southern Cross Media contest
Antony Catalano may once again emerge as an interloper in the latest media industry takeover battle.
Southern Cross in talks on extending Ten tie-up
All eyes are on media negotiations between CBS and Southern Cross Media Group over its affiliation agreement with Network Ten.
Southern Cross hit by ‘challenging’ year
The media company has recorded a 20.1 per cent fall in full-year profit but its new boss John Kelly is optimistic about the next 12 months.
ARN Media’s raid on radio rival gets mixed reaction
Some shareholders are supportive of ARN Media’s raid on Southern Cross Media Group, despite its shares closing lower on the move.
ARN Media raids rival Southern Cross Media
Jefferies is on board to snap up Southern Cross shares at a large premium.
Veteran looks for the next big gig
Grant Blackley has spent nearly two decades leading Australian media companies, but he is now looking overseas for his next opportunity.
Southern Cross Austereo boss Blackley exits
Grant Blackley is leaving the media group, which owns Triple M and Hit radio stations, after eight years in the top job.
Seven ‘in talks’ over merger if the price is right
Speculation persists that Seven West Media is talking with Here, There and Everywhere about a merger, and Southern Cross Media about an acquisition..
Southern Cross slashes value of Triple M, Hit radio networks
The media group reported a slide in earnings and profit. But it says it has more listeners than ever, and revenues are holding up.
Southern Cross set to retain its regional unit
Southern Cross Media is believed to be retaining its regional television unit, with sources suggesting offers came in below its expectations.
Bidders line up for Southern Cross regional TV assets
Southern Cross Media Group is believed to have attracted a host of big names bidders such as Seven West Media and Anchorage Capital Partners for its regional TV assets.
‘Materially undervalued’ Southern Cross fields interest in TV assets
Southern Cross Media shares jump as it appoints Grant Samuel to assess “several’’ unsolicited approaches with it regional TV assets of particular interest.
Southern Cross Austereo’s profits slide
The owner of Triple M and Hit has reinstated its interim dividend despite a near halving of interim profit.
Southern Cross eyes TV station sale, hires bank
Southern Cross Media may be finally launching an official sales process for its regional television business, hiring investment bank Grant Samuel to advise on the options.
Seven West puts Southern Cross in buyout sights
The Kerry and Ryan Stokes-controlled Seven West Media is believed to be turning its attention once again to acquisitions.
Southern Cross Media plummets as Nine returns to WIN
Southern Cross Media shares fell as much as 20pc after Nine changed back to WIN for regional distribution of its content.
Southern Cross rules out returning $32m of JobKeeper subsidies
The owner of Triple M and Hit radio stations has ruled out returning nearly $32m of federal government JobKeeper subsidies, despite plans to resume paying dividends to investors.
Triple M owner to get more JobKeeper
Southern Cross Media is set to receive around $12m in JobKeeper 2.0 payments, taking its total pandemic support to $28m.
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