HT&E Ltd (AU:A1N) has released an update.
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Southern Cross Media Group Limited has addressed inaccuracies in a recent Australian Financial Review article concerning its contract with Australian Traffic Network. The company confirms that the contract, which involves a significant up-front payment and a long-term agreement for traffic reports, remains unaffected by potential changes in control. Additionally, Southern Cross Media clarifies that the contract does not impact its ongoing negotiations to sell television assets.
For further insights into AU:A1N stock, check out TipRanks’ Stock Analysis page.
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