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The Canberra Times
The Canberra Times

ACM, Southern Cross Media proposal to create 'dynamic multimedia company'

ACM Antony Catalano SCA Southern Cross Alex Waislitz ASX Canberra Times Newcastle Herald
The ACM network includes 14 daily newspapers and subscription news websites, including The Canberra Times, Newcastle Herald and Illawarra Mercury.

Media companies ACM - the publisher of this masthead - and Southern Cross Media Group have announced a proposal to create what ACM co-owner and executive chairman Antony Catalano describes as "one of the most dynamic and exciting media companies in the country".

Southern Cross (SCA) informed the Australian Stock Exchange on Tuesday that it had entered into a due diligence period with the intention of acquiring ACM assets, including the company's portfolio of 14 daily print and digital news publications, key regional/metro titles and its agriculture division.

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