BRIEF-Southern Cross Media Agreement To Sell Remaining Television Assets To Australian Digital

Reuters

02-27

BRIEF-Southern Cross Media Agreement To Sell Remaining Television Assets To Australian Digital

Feb 27 (Reuters) - Southern Cross Media Group Ltd SXL.AX:

AGREEMENT TO SELL REMAINING TELEVISION ASSETS TO AUSTRALIAN DIGITAL HOLDINGS
OVERALL PROCEEDS TO BE RECEIVED BY SCA IS A$6.35 MILLION
ESTIMATED CONSIDERATION FROM SALE OF ALL OF SCA'S TELEVISION ASSETS IN RANGE OF A$19 MILLION - A$24 MILLION

Further company coverage: SXL.AX

((Reuters.Briefs@thomsonreuters.com;))

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