Southern Cross Media Group Limited (AU:SXL) has released an update.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Southern Cross Media Group Limited has clarified inaccuracies in a recent article concerning its long-term contract with the Australian Traffic Network, emphasizing that the contract terms remain unaffected by any potential changes in company control. Despite ongoing negotiations for selling its television assets, the company assures that the ATN contract will not impact these proceedings. Southern Cross Media continues to uphold confidentiality while meeting its disclosure obligations.
For further insights into AU:SXL stock, check out TipRanks’ Stock Analysis page.