Southern Cross Media Group

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Southern Cross Media Group
Type Public (ASXSXL)
Industry Media
Founded November 2007
Headquarters Sydney, Australia
Owners Macquarie Bank
Website southerncrossaustereo.com.au

Southern Cross Media Group (formerly Macquarie Media Group) is one of Australia's major media companies. On 3 July 2007 Southern Cross Broadcasting recommended Macquarie Media Group's offer of A$1.35 billion, for a takeover of the corporation. Under the deal, Macquarie Media Group will then on sell the metropolitan radio stations to Fairfax Media.[1] On 5 November 2007, the company officially acquired Southern Cross Broadcasting's assets.[2] On 17 December 2009 shareholders approved a restructuring plan. The company was then renamed from Macquarie Media Group to its current name on 17 December 2009.[3][4][5]

Assets[edit]

References[edit]

  1. ^ "Southern Cross Broadcasting sold for $1.35b". abc.net.au. 3 June 2007. Retrieved 3 June 2007. 
  2. ^ "Southern Cross falls to Mac and Fairfax". The Australian. 3 June 2007. Retrieved 3 June 2007. [dead link]
  3. ^ "Company website". macquarie.com.au. 19 February 2010. Retrieved 19 February 2010. 
  4. ^ "InvestSmart profile". investsmart.com.au. 19 February 2010. Retrieved 19 February 2010. 
  5. ^ "Internalisation and Corporatisation Meetings" (Press release). 17 December 2009. Retrieved 2 March 2010. 
  6. ^ Editor & Publisher

External links[edit]