.
A shake up of Australia’s media landscape appears more than likely, despite the collapse of the Gillard government’s media reforms.
The potential $4 billion merger between Southern Cross media (ASX:SXL) and Nine Entertainment Co has been dealt a wild card, with an approach by Bruce Gordon controlled Win Corporation.
Mr Gordon is understood to have approached Nine in recent weeks about a possible merger.. Watch this space.
Southern Cross last turned in a $45 million net profit to December 31.
News: Competition for Southern Cross
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Last
54.5¢ |
Change
-0.035(6.03%) |
Mkt cap ! $119.9M | |||
| Open | High | Low | Value | Volume |
| 55.0¢ | 57.0¢ | 54.5¢ | $115.1K | 207.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1800 | 54.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 58.0¢ | 476 | 2 |
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| Last trade - 16.10pm 22/11/2024 (20 minute delay) ? |
| SXL (ASX) Chart |
