Southern Cross Media Group Declines Proposal to Acquire Regional Newspapers From ACM
Southern Cross Media Group Declines Proposal to Acquire Regional Newspapers From ACM
The papers have been offered back to Fairfax (Nine Entertainment) and several other suggested buyers with no success.Southern Cross Media Group (ASX:SXL) has walked away from the attempt by the unlisted Australian Community Media to rid itself of some of the biggest regional newspapers in Australia.
美国南方公司（ASX：SXL）退出了未上市澳大利亚社区媒体摆脱澳大利亚最大区域报纸的尝试。
The titles include The Newcastle Herald, Canberra Times, Illawarra Mercury, and two major papers in Tasmania, as well as smaller titles in NSW and Victoria, plus a number of regional rural skewing papers and websites.
这些标题包括《纽卡斯尔先驱报》、《堪培拉时报》、《伊拉瓦拉信使》和塔斯马尼亚州的两份主要报纸，以及新南威尔士州和维多利亚州的一些小报和区域农业网站。
ACM bought the regional papers from Fairfax Media just before the pandemic and has made a concerted attempt in the past two years to find a deal to take them off its balance sheet.
ACM在疫情爆发前就从Fairfax Media购买了这些区域报纸，并在过去两年中试图找到一项交易以将其从资产负债表中清除。
The papers have been offered back to Fairfax (Nine Entertainment) and several other suggested buyers with no success.
这些报纸已经向Fairfax（九娱乐）和其他一些建议的买家提供，但没有成功。
Southern Cross said in a statement on May 28 that ACM had approached it with a proposal to acquire the papers. It was the second approach from ACM concerning the papers and Southern Cross's regional TV business.
5月28日，美国南方公司在一份声明中表示，ACM已经向其提出了收购这些报纸的提议。这是ACM就这些报纸与南十字星区域电视业务进行的第二次接触。
Southern Cross said it would investigate the proposal and on Thursday (June 27) issued a "no deal" statement to the ASX.
南十字星表示将调查这一提议，并于6月27日星期四向ASX发出了一份“无交易”声明。
"Following a review with ACM and consultation with major shareholders, SCA has decided not to pursue ACM's proposal," Southern Cross said.
“在与ACM的评估以及与主要股东的磋商后，美国南方公司决定不追求ACM的提议，”南十字星表示。
"ACM's proposal would have involved SCA acquiring a portfolio of ACM's key print and digital news publications and its agriculture division. ACM's digital and regional capabilities and content hold some attraction for SCA.
“ACM的提议将涉及SCA收购ACM的关键印刷和数字新闻出版物以及其农业部门。ACM的数字和区域能力和内容对SCA具有一定吸引力。
"However, SCA has concluded that the relevant assets do not align with SCA's audio-focused strategy and would not create value for SCA shareholders.
“然而，美国南方公司得出结论，相关资产与SCA的以音频为重点的战略不符，并不会为SCA股东创造价值。
"The SCA Board therefore considers it would not be in the best interests of SCA shareholders to pursue ACM's proposal," Southern Cross said.
因此，南十字星表示，董事会认为追求ACM的提议不符合SCA股东的最佳利益。
There has been no mention of prices and values in the statements from Southern Cross.
从美国南方公司的声明中没有提及价格和价值。
