PRT 0.00% 23.5¢ prt company limited

News: Australia's Seven West Media denies merger with Prime

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    Sept 22 (Reuters) - Seven West Media Ltd (SWM) said on Friday it had received a merger proposal from Prime Media Group Ltd (PRT) but that it did not result in an agreement.

    The response comes after speculation by local media of a potential merger of the two companies.

    Earlier this month Australian media players won long-sought reforms to ownership laws that will allow them to boost market share through consolidation.

 
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