Southern Cross Austereo shares climb
Shares in Southern Cross Austereo today closed at their highest level in more than a year after it was revealed that the company was in talks with Nine Entertainment Co to merge their TV assets.
SCA share price | Source: Google Finance – 12 months
The share price rose to 1.58, up three per cent on Friday’s close and valuing the company – which owns the Southern Cross TV network and Today FM and Triple M radio networks.
Tim Burrowes founded Mumbrella in 2008. He worked on Mumbrella until 2021. At various points he was editor, content director and editor-at-large.
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