Southern Cross Media Group Declines Proposal to Acquire Regional Newspapers From ACM
Southern Cross Media Group Declines Proposal to Acquire Regional Newspapers From ACM
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.
美國南方公司（ASX：SXL）退出了未上市澳大利亞社區媒體擺脫澳大利亞最大區域報紙的嘗試。
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.
這些標題包括《紐卡斯爾先驅報》、《堪培拉時報》、《伊拉瓦拉信使》和塔斯馬尼亞州的兩份主要報紙，以及新南威爾士州和維多利亞州的一些小報和區域農業網站。
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在疫情爆發前就從Fairfax Media購買了這些區域報紙，並在過去兩年中試圖找到一項交易以將其從資產負債表中清除。
The papers have been offered back to Fairfax (Nine Entertainment) and several other suggested buyers with no success.
這些報紙已經向Fairfax（九娛樂）和其他一些建議的買家提供，但沒有成功。
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，美國南方公司在一份聲明中表示，ACM已經向其提出了收購這些報紙的提議。這是ACM就這些報紙與南十字星區域電視業務進行的第二次接觸。
Southern Cross said it would investigate the proposal and on Thursday (June 27) issued a "no deal" statement to the ASX.
南十字星表示將調查這一提議，並於6月27日星期四向ASX發出了一份“無交易”聲明。
"Following a review with ACM and consultation with major shareholders, SCA has decided not to pursue ACM's proposal," Southern Cross said.
“在與ACM的評估以及與主要股東的磋商後，美國南方公司決定不追求ACM的提議，”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的提議將涉及SCA收購ACM的關鍵印刷和數字新聞出版物以及其農業部門。ACM的數字和區域能力和內容對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，美國南方公司得出結論，相關資產與SCA的以音頻爲重點的戰略不符，並不會爲SCA股東創造價值。
"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，董事會認爲追求ACM的提議不符合SCA股東的最佳利益。
There has been no mention of prices and values in the statements from Southern Cross.
從美國南方公司的聲明中沒有提及價格和價值。
