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Media company shares on the slide after merger opposition emerges

Published

1 week ago

on

October 1, 2025

By

Noosa Online News Publisher

Image source: Getty Images

Southern Cross Media Group Ltd (ASX: SXL) shares dropped sharply a day after its proposed merger with Seven West Media Ltd (ASX: SWM) was announced, as it emerged a group of its shareholders could be seeking to stymie the deal.

Southern Cross told the ASX on Wednesday…

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